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Property for sale

Puerto Del Rosario, Fuerteventura, Canary Islands, Spain

£491,289 *  [€595,000]

Property for sale

Puerto Del Rosario, Fuerteventura, Canary Islands, Spain

£491,289 *  [€595,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0
  • Plot size: 139 m2
  • Habitable space: 280 m2

Features


  • Double Glass
  • Energy performance certificate – G

Full Description


Own a Piece of History with High Return Potential
We are delighted to present a very rare opportunity to own this historic building in Puerto del Rosario. Built in 1936, originally serving as the customs house for the port, this property offers a unique blend of historical charm and modern profitability. With a total area of 280m², this investment comes with multiple income streams and significant potential for growth.
Property Overview
Location: Puerto del Rosario, directly in front of the cruise liner terminal
Total Area: 280m²
Features and Income Potential
Restaurant:
Fully equipped with seating for around 26 diners
Net income: Approximately €100,000 per annum
Currently opens only in the evenings
Potential to increase revenue by opening during the daytime, especially from October to May when cruise liners are in port
Residential Apartments:
Ground floor apartment
Two first-floor apartments with sea views
All units have tourist rental licenses
Combined rental income: Approximately €50,000 per annum
Additional Spaces:
Top floor features an extra bedroom with a bathroom and a laundry area
Fabulous roof terrace offering stunning sea views, perfect for guests to relax and enjoy the sunshine
Prime Location
Situated in the heart of Puerto del Rosario, this property benefits from:
Proximity to the cruise liner terminal, attracting a steady stream of tourists
Walking distance to the beautiful Playa Chica beach
Easy access to all the amenities of the city, including shops, restaurants, and cultural attractions
Investment Highlights
Historical Charm: The building's rich history adds a unique appeal for tourists and diners.
High Return on Investment: With current net income from the restaurant and rental apartments totaling around €150,000 per annum, this property offers substantial profitability.
Growth Potential: Increased operating hours for the restaurant and high tourist traffic from the cruise terminal present significant opportunities to boost income.
Contact Us
Don't miss out on this exceptional investment opportunity. Contact Canary Islands Estates today for more information and to arrange a viewing. Experience firsthand the potential and charm of this historic building in Puerto del Rosario.
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This property listing (ref: CIEPTO1) is an advertisement supplied by Canary Islands Estates and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
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