5 Bed Commercial for sale
Los Cristianos, Tenerife, Canary Islands, Spain
£1,209,238 *
[€1,398,000]
Full Description
Exceptional Hostel for Sale in the Heart of Los Cristianos
An outstanding investment opportunity in one of Tenerife’s most sought-after locations. This newly established hostel is ideally situated in the center of Los Cristianos, just steps away from a wide range of amenities including restaurants, bars, shops, and the beach.
The property boasts a total built area of 340 m², with 270 m² of usable living space. It comprises five spacious bedrooms, each with its own private bathroom—perfectly designed to meet the needs of hostel guests. The building also offers beautiful views of the sea and the surrounding town.
An additional floor currently used as a flexible open space presents the potential to add two more rooms with minimal renovation, increasing both capacity and revenue potential.
Fully operational and well-maintained, the hostel offers an excellent return on investment, with projected annual yields ranging from 8% to 12%.
For further information or to arrange a viewing, please do not hesitate to contact us.
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