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Restaurant/Bar for sale in El Fraile, Arona, Tenerife

  • € 650,000
  • 340 m2
  • 10
  • 6

€ 650,000 Ref. 9552954

Properties
Ref. 9552954
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  • 10 bedroom Restaurant/Bar for sale in El Fraile - € 650,000 (Ref: 9552954)
  • 10 bedroom Restaurant/Bar for sale in El Fraile - € 650,000 (Ref: 9552954)
  • 10 bedroom Restaurant/Bar for sale in El Fraile - € 650,000 (Ref: 9552954)
  • 10 bedroom Restaurant/Bar for sale in El Fraile - € 650,000 (Ref: 9552954)
1/4

€ 650,000

Restaurant/Bar for sale in El Fraile, Arona, Tenerife

  • 340 m2
  • 10
  • 6

Description

El Fraile belongs to the municipality of Arona, in the south of Tenerife, very close to El Palm Mar and Las Galletas. It is very well connected to the southern motorway, Reina Sofía International Airport, and tourist areas. It is a rapidly growing residential area. It has all the essential services, supermarkets, restaurants, banks, etc., making it an ideal area to live in. There is currently high demand for rentals and sales.
The building we are presenting is located on one of the main streets, in a central location. It has 3 floors, each with 2 flats, with the following layouts:
2 flats with 1 bedroom and 1 bathroom
4 apartments with 2 bedrooms and 1 bathroom.
Currently, all are well rented, with tenants on legal contracts and up to date with payments. This makes this sale an interesting investment opportunity.

Location

El Fraile, Arona, Tenerife The location has not been provided.

Features

  • Restaurant/Bar
  • Bedrooms: 10
  • Bathrooms: 6
  • Build Size: 340 m2
  • Storeys: 3
  • Year Built: 1998
  • Energy Certificate (Consumption): G

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€ 2,064 per month*

+ € 43,950 taxes (€ 42,250) & expenses (€ 1,700)*

*Please note that the results are only a guide and not a mortgage offer or quote.

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+34 822 260 816

Ref. 9552954

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  1. Spain
  2. Canary Islands
  3. Tenerife
  4. Arona
  5. El Fraile
  6. 10 bedroom Restaurant/Bar for sale in El Fraile, Arona - € 650,000 (Ref: 9552954)