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Property for sale

La Caleta, Tenerife, Canary Islands, Spain

£386,631 *  [€450,000]

Property for sale

La Caleta, Tenerife, Canary Islands, Spain

£386,631 *  [€450,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 2

Full Description


A strategic investment opportunity in one of the most exclusive areas of southern Tenerife!Located in the established San Sebastián Shopping Centre (Calle El Toscón, Adeje), this versatile commercial property, measuring 120 m2 across two floors, represents an excellent opportunity for both investors seeking rental income and business owners planning for the future of their business. The surrounding area benefits from a steady flow of affluent customers thanks to its proximity to luxury hotels and high-end restaurants.The property stands out for its excellent visibility, direct street access and highly functional here floor (60 m2): A bright, open-plan commercial space with a shopfront window and excellent foot traffic, as well as easy access for suppliers.Basement (60 m2): A spacious private storage area, ideal for stock, merchandise, equipment or logistical support for the main business activity.Key advantages for here rental yield and flexibility: The property is currently rented to an established, financially reliable tenant, ensuring rental income from day one. There is complete flexibility: the existing lease can be maintained, with the possibility of an extension, or the purchase can be planned so that the premises become vacant in the coming months.Tax benefits: The property is suitable for investment under the RIC (Canary Islands Investment Reserve) scheme.Technical facilities: The premises have an installed extraction system and the possibility of installing a three-phase electricity supply, making them suitable for almost any type of business, including hospitality and restaurant operations.Key here m2 built area (60 m2 of commercial space + 60 m2 of basement/storage)Distributed over 2 floors2 bathroomsStreet-level premises, occupying a corner position and offering excellent visibilityInstalled extraction systemGlazed shopfront façadeA unique property on the market, combining a prime location, business versatility and tax advantages.Don't miss this opportunity! Contact us for further information or to arrange a viewing with no obligation.Community fees: €105/month.Property tax (IBI): €421/year.Year of construction: 2008.Asten Realty reference: 10287
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This property listing (ref: 1811186) is an advertisement supplied by ASTEN REALTY and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8592 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.