Teror, Las Palmas 35330 15,888 SF Retail Building $660,790 ($41.59/SF)

Restaurant and Hotel with garage and air rights, just a 10-minute walk from the historic center of Teror - investment opportunity - Suitable for the RIC. This exceptional commercial property is for sale in the municipality of Teror, Gran Canaria. A unique opportunity for investors seeking versatility, profitability, and a prime location, just 1 km from the iconic Basilica of Our Lady of Pino. The building is currently operational, generating income from both the restaurant and tourist accommodation activities. The building has 1,476 m2 built, distributed over three floors with multiple uses: - The upper floor has a built area of 503.80 m2. Currently enabled and recognized as Hotel El Pino, it has 9 rooms with private bathrooms, five with outdoor terraces and four interior rooms with natural light. The rooms are equipped with heating and air conditioning, ensuring comfort year-round. Additionally, it has a living room, laundry, and two rooms with toilets currently used as storage and office. - Ground floor, with 570.80 m2 built, houses the renowned Restaurant Grill Casa Chano, with a capacity for 200 diners. Functional distribution with spacious lounges, it features an industrial kitchen, professional grill, service bar, and terrace. Perfect for events, celebrations, or daily operation. - Semi-basement floor, with 402 m2 built, currently mostly in raw state, its use is intended for garage and storage. Offers multiple adaptation possibilities according to need. The building has horizontal division and includes air rights, allowing future expansions in accordance with current regulations. Strategic location for tourism. Situated near the historic center in a tranquil environment attractive to hikers and nature lovers, enhancing its appeal to foreign tourists and clients seeking to stay in charming rural areas. Its proximity to the town makes it a perfect enclave to develop a consolidated tourist activity. Very well connected with public transport and all nearby services, such as supermarkets, pharmacy, health center, sports center, parks, shops, etc. Don't hesitate and contact us to arrange a visit to the property. The costs associated with the sale (notary, registration, taxes, etc.) are not included in the sale price. WE HELP YOU WITH FINANCING! The data provided is merely indicative and may be subject to errors or involuntary omissions.