46 Bedroom Building

Formidable building in the south of Tenerife, next to the ocean.
Built in 2002, south-facing and not far from a small beach, it was designed for geriatric use and is mostly classified as residential land, complemented by commercial premises and services.
Distributed over 3 floors with more than 8,000 m² built, it has a total of 109 apartments, 2 elevators, and 2 swimming pools with their bar and solarium area, as well as several commercial units and garages.
In recent years, some individual units have been sold, and the pool with reception has been shared as common areas.
The present sales offer is a company sale with a valid VV (holiday rental) license, which includes:
* 31 studios (33 m² with a 7.40 m² terrace)
* 8 one-bedroom apartments (49.50 m² with a 7.40 m² terrace)
* 7 one-bedroom apartments with double terrace (49.50 m² with 14.80 m² of terrace)
* several studios, offices, and restrooms
* restaurant with kitchen, fitness room, and laundry facilities (730 m²)
* pub with terrace (186 m² with 165 m² terrace)
* 14 closed garages, 20 storage rooms (627 m²)
* 590 m² of street parking
Currently, the property is very successfully operated as 3-star tourist apartments, with the possibility of converting the restaurant, nightclub, gym, and garages into apartments and offices.
The elevator service and the children’s pool are not currently in use.
Ref. 7807 - astenrealty.com.