Hotel for sale in Teror, Gran Canaria

Hotel with restaurant, garage, and right to build floors, a 10-minute walk from the historic center of Teror — investment opportunity. This commercial property is for sale in the municipality of Teror, Gran Canaria.

An opportunity for investors seeking versatility, profitability, and a prime location, just 1 km from the emblematic Basílica de Nuestra Señora de Pino.

The building is currently operating, generating income from both the restaurant business and tourist accommodation.

The building has 1,476 m2 built area, distributed over three floors with multiple uses:

- The upper floor, with a surface area of 503.80 m2 built. Currently set up and recognized as Hotel El Pino, it features 9 rooms with private bathrooms, five with an outdoor terrace and four interior rooms with natural light. The rooms have heating and air conditioning, ensuring comfort all year round. In addition, it has a living room, a laundry area, and two rooms with a toilet currently used as a storage room and office.

- Ground floor, with 570.80 m2 built, houses the well-known Restaurante Grill Casa Chano, with capacity for 200 diners. Functional layout with spacious dining areas. It has an industrial kitchen, a professional grill, a service bar, and a terrace. Ideal for events, celebrations, or daily operation.

- Semi-basement floor, with 402 m2 built, currently mostly in shell condition. Its use is intended for a garage and storage. It offers multiple possibilities for adaptation depending on needs.

The building has horizontal division and includes a right to build floors, allowing for future expansions in accordance with current regulations.

Strategic location for tourism. Located near the historic center in a quiet, attractive setting for hikers and nature lovers, which enhances its appeal to foreign tourists and clients looking to stay in charming rural areas. Its proximity to the town makes it an ideal base to develop a consolidated tourism activity. Very well connected with public transport and with all services nearby, such as supermarkets, a pharmacy, a health center, a sports complex, parks, shops, etc.

The closing costs of the purchase are not included in the sale price.