- Seller ref: 1294
- Listing ID: 29625
Bar For Sale San Eugenio, Tenerife
- 55 sq m
- €231,000
- For Sale
Property Overview
-
- Size:
- 592 sq ft / 55 sq m
-
- Usage:
- A3, A4
-
- Sale Type:
- For Sale
-
- Rental Income:
- €18,000
-
- Property Type:
- Bars
- Other
-
- Auction:
- No
-
- Development Opportunity:
- No
-
- Investment Opportunity:
- Yes
-
- Tenanted:
- Yes
-
- Energy Rating:
- N/A
General Summary
Freehold investment property with an annual return of 7,8% for sale in San Eugenio in the south of Tenerife
The commercial property is located in a tourist resort with more than 190 apartments. Since more than 16 years this property is rented out to a successful bar with the rents paid always in time. In 2009 a new 5 year rental contract was signed.