1 bedroom Commercial Property for sale

1 bedroom Commercial Property for sale

Poris de Abona, Tenerife
175,000
 
1 / 0

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Ref: 6475EX
Property marketed by Smilo Real Estate SL Smilo Real Estate SL
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REF 6475EX

Exclusive transfer of a disco pub in the heart of El Médano, one of the most vibrant tourist and local areas in the south of Tenerife. This is a unique opportunity thanks to its old nightlife license, which allows activity until 04:00 a.m., a increasingly scarce and highly valued asset.

Privileged Location
Located in El Médano (Granadilla de Abona), a well-established area with high foot traffic throughout the year. It is especially popular among European windsurfing and kitesurfing enthusiasts, and also has a solid base of residents and local clientele.

Its proximity to Tenerife South Airport (TFS), just a few minutes away, guarantees excellent connectivity and a steady flow of customers.

Property Features

Total area: 142 m²

Main floor: 73 m²

Finished basement: 69 m² (chill-out area, leisure, and storage)

Monthly rent: €1,200

Lease agreement in effect

License
It holds an old license for a musical bar / disco pub granted by the Granadilla de Abona City Council, with authorized hours until 04:00 a.m. This type of license is currently very difficult to obtain, which is a clear competitive advantage.

Included Equipment
The premises are delivered fully equipped and ready to start operations from day one:

Complete professional sound system with approved acoustic limiter

Disco and ambient lighting

Bar equipped with industrial refrigerators, freezers, and display cases

Air conditioning

Audiovisual equipment (televisions and auxiliary systems)

Complete furniture for the indoor and outdoor areas

Finished basement with billiards, relaxation area, and storage

Business Status
Operating business, with all installations functional and no immediate additional investment needed. Ideal for industry professionals or investors seeking a profitable opportunity in a strategic location.

Transfer Price
€175,000
Includes all equipment, furniture, and existing inventory.

Location
El Médano – Granadilla de Abona
South Tenerife

Contact
Visits by appointment.
Complete documentation available upon request.

Property Features

  • 1 bedroom
  • 1 bathroom
  • 142m² Build size
  • a pie de calle
  • almacén
  • aseo
  • buen estado
  • céntrico
  • diáfano
  • exterior
  • luminoso
  • terraza
  • vistas al mar

EPC Rating

Energy Rating Scale
A 
B 
C 
D 
E 
F 
G 

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
14,500€
Final Payment of 90% on completion
157,500€
 
Property Purchase Expenses
Property price
175,000€
Transfer tax 10%
17,500€
Notary fees (approx)
600€
Land registry fees (approx)
600€
Legal fees (approx)
1,500€

* Transfer tax is based on the sale value or the cadastral value whichever is the highest.

** The information above is displayed as a guide only.

Mortgage Calculator

Mortgage Amount:
175,000€
Deposit:
Interest Rate:
%
Period:
Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

Spanish Property News & Updates by Spain Property Portal.com

In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.

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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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