Hotel for sale in Puerto de la Cruz, Tenerife

Property Overview
A strategic commercial property of 1,314.28 m² built on a 657 m² plot in the prestigious La Paz district of Puerto de la Cruz. With a 40-year track record in hospitality, this asset presents an exceptional opportunity for hotel and commercial development.
Key Features

Total Built Area: 1,314.28 m²
Plot Size: 657 m²
Current Configuration:

16 rooms and 18 bathrooms (700 m² hotel area)
5 commercial units (300 m² total)
3 storage rooms
130 m² basement area
Covered terrace (184 m²)

Strategic Advantages
Location and Market Performance

Situated in La Paz, one of Puerto de la Cruz's most sought-after areas
85% average annual occupancy rate (exceeding local market average)
Premium tourist zone combining tranquility with accessibility
Strong potential for boutique hotel positioning

Commercial Revenue Streams

Two active restaurant/bar licenses
Existing tenant paying €1,300 monthly (secured until March 2026)
Second commercial unit (including covered terrace) previously generated €1,500 monthly
Immediate income potential through commercial operations

Infrastructure and Improvements

Recent modernization of key systems:

Electrical installation (7 years ago)
Plumbing (10 years ago)
Elevator (5 years ago, full renovation)

300-liter emergency water tank
Fully operational elevator accessing all floors including rooftop

Development Potential
Hotel Conversion Opportunity

Ideal for boutique hotel development
700 m² of convertible apartment space
Rooftop potential for premium amenities
Possibility for unique hospitality concept

Commercial Enhancement

Five versatile commercial units
Restaurant with 184 m² covered terrace
Café/restaurant space
130 m² basement for support services

Investment Highlights

Prime Location: Established tourist area with proven demand
Immediate Income: Existing commercial lease provides cash flow
Development Flexibility: Suitable for various hospitality concepts
Infrastructure Ready: Major systems recently updated
Market Timing: Aligns with Puerto de la Cruz's tourism revitalization

Investment Considerations

Hotel area requires comprehensive renovation
Opportunity to create a distinctive hospitality product
Potential for premium rooftop venue development
Strong long-term growth prospects in local tourism market

This property represents a compelling opportunity to participate in Puerto de la Cruz's evolving hospitality market, offering both immediate income streams and significant value-add potential through strategic repositioning.