Playa de las Americas - Investment Opportunity Ref: Finder 995T

  Area: South
Tenure: Freehold
Price: € 240,000
(approx £ 164,887)
Other:
A well maintained premise; ideal for all investors.

A very unusual opportunity to buy the ‘Freehold’ of a ‘Newly Fitted Bar’ in one of the busiest night spots in Tenerife at a very competitive price.

Situated on the south coast of the island in Playa de Las Americas it is without doubt the hottest spot for entertainment, food and music.

Located at street level the inside of the bar measures approximately 60 square metres and there is a further 40 square metres of terrace available, with permission for a pool table and seating.

The bar has been valued at considerably more than the asking price and a mortgage of at least 160,000€ should be available to a prospective buyer.

Available as an investment only, with tenants already in place.

COMMENT:

The owner is retiring and would like a quick sale, hence the very attractive price of the bar is this truly ‘cannot go wrong’ location. Highly recommended!
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