Hotel for sale in Chayofa, Arona, Tenerife

Full complex of 22 apartments for sale, located in the residential area of Chayofa.

Asset distribution

The property consists of:
- 5 studio apartments
- 12 one-bedroom apartments
- 5 two-bedroom apartments

Surface area

The complex is built on a 2,443 sqm plot. Total built area is 1,656 sqm, including:
- 1,358 sqm of interior space
- 298 sqm of terraces

Surrounded by landscaped gardens and communal areas.

Current status

All 22 units are currently licensed as holiday rentals, with the option to revert to residential use. Out of the 22 units, 14 have been recently renovated.

Additional features
- 2 closed garages (34 sqm total)
- 2 office/support units (30 sqm total)
- 7 storage rooms totaling 120 sqm

Investment highlights
- Fully operational asset with high occupancy and proven returns
- Strong potential for long-term rental income
- Eligible for Canary Islands Investment Reserve (RIC), subject to long-term rental use

Additional information
Year of construction: 1993
Property tax (IBI): €4,550/year