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Los Cristianos

31 Oct 2014
In the town of Los Cristianos, which is the heart of tourism in Tenerife, sold one building with 12 apartments with balconies (8 apartments with 3 bedrooms, 4 with 2 bedrooms) and 2 places for shops / restaurants / offices under construction - completed frame, roof, covers electrical wiring developed in the walls, water pipes, sewerage pipes system, elevator shaft!
The size of the building is 939 m3 and 170 m2 plot size.

Price 686 000 EUR (I think that it is possible discount of up to 80 000 eur), for finishing all building and the purchase of furniture needed about 350 000 - 500 000 EUR (the price depends on the level of repair).
Sales price after the finished building is not less then 2 000 000 euros (Normally, such a building, sold for 3 000 000 plus).

Restaurant earn per month net profit of not less than 5000 EUR (if the operator will do) on the rent can get an additional net profit of not less then 10 000 Euro (in this region all year 80 workload rented apartments - 90%) that provides not less then 15 000 euros per month! This is the minimum amount, the actual amount of profit to be much higher! There is room for additional businesses and therefore more profit!

Business in a place like this, give the money for all your life and your children life!!

We are ready to make the necessary licenses for the activities to complete the construction, decoration and furnishing of the customer.

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