1/10
    Turnkey Hostel for Sale in La Camella, Arona - A Smart Investment in Tenerife!
    second image

    All photos

    third image

    Look at map

    third image

    Turnkey Hostel for Sale in La Camella, Arona - A Smart Investment in Tenerife!

    490,000€

    Key information

    • 150 m²
    • 9 bedrooms

    Investment Breakdown

    Gross Yield:

    6.97%

    Time to pay off with rent:

    14.3 years

    Price Difference:

    -0.9%

    Expected Rent:

    2847€/month

    About this property

    Here’s your chance to dive into a fantastic investment in the heart of Tenerife! This fully equipped hostel in La Camella, Arona, spans a generous 150 m², featuring 5 double bedrooms and 4 single bedrooms, making it perfect for maximizing guest accommodation. Each room comes with air conditioning, a TV, a fridge, and internet access, so your guests will feel right at home. You’ll love the common areas too - the kitchen is fully equipped for preparing meals, and the cozy living room offers a relaxing space for guests to unwind. Plus, this property is all legal and above board with two independent deeds and all the necessary licenses secured. What’s really exciting? This place has guaranteed profitability, currently generating a private income of €6,000 a month! And if you prefer, there’s an option to rent it to the government for a whopping €96,000 a year, secured with a 3-year contract. At just €490,000, you’re looking at a turnkey business with cash flow from day one! Don’t miss out on the chance to own this incredible property in a prime Tenerife location!

    Local area information

    Date added: 16.12.2024

    Similar apartments