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Properties for sale and rent in Spain

390 000 

427  / m²

Santa Cruz de Tenerife, Pajara

Ref: 62881

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Commercial premisesSubcategories
1986Year of delivery
914 m²built square meters
If you're looking for a prime commercial property in the popular Morro Jable area, this large commercial property is an excellent option. This property boasts a central location in a popular apartment hotel complex, with stunning sea views and an impressive 45m frontage. The property was previously a dance bar, making it a unique space that offers a variety of possibilities. Upon entering the property, you'll find a fully equipped bar with ample seating, providing an ideal space for patrons to relax and enjoy a drink. The property also features pool tables, adding to its entertainment value. The property is complete with restroom facilities, making it a self-contained venue that offers everything you need for a successful commercial venture. The existing furniture and fixtures are included in the purchase price, which provides a cost-effective way to get started in the hospitality or entertainment industry. Additionally, with the necessary licenses, the property has the potential to be converted into individual apartments, providing an alternative use for the space. The potential for conversion adds value to the property and offers a range of investment possibilities.
This information has been obtained from public sources and may not be up to date. It does not represent a link with the developer.

Project information / Work status

  • Year of delivery1986

Property data

  • SubcategoriesCommercial premises
  • built square meters914 m²
  • Property typeSecond hand

Energy certification

  • Energy certificate

Top new builds in Spain

Facilities

Views

  • Sea Views

Near

  • Beach

Mortgage calculator

Property price
Down payment
30,00%
Term in years
Interest rate type
Interest rate
Purchase taxes and fees
9,00%
Calculate:,,,,,,,
Monthly mortgage payment1 299 €
Amount financed by bank273 000 €
Taxes and expenses35 100 €
Final property cost including expenses425 100 €
Property cost after mortgage payoff (with interest)
584 626 €
incl. interest: 159 526 €

Profitability calculator

Property price
Renovation cost
100 000 €
Purchase taxes and fees
9,00%
Calculate:,,,,,,,
Additional expenses
100 000 €
(fees, legal procedures, registration, other expenses)
Expected monthly rent
10 000 €
Exit property price

Expenses (annual estimates)

Property tax
Community fees
Insurance
Other expenses

Address

Santa Cruz de Tenerife, Pajara

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