INVESTMENT OPPORTUNITY.
A building is for sale located at Pablo Iglesias Street, number 23, in the municipality of Güímar, Tenerife, Spain, representing an excellent opportunity for investors seeking profitability and real estate development.
The property consists of three above-ground floors plus an uncovered rooftop with storage areas and two underground floors intended for garages, which also include storage rooms. It currently has 61 parking spaces, an elevator in perfect working order, and is distributed across commercial premises, offices, and residential units, offering multiple development possibilities.
It is sold with a project for the construction of 26 residential units and 61 parking spaces with the building permit almost approved, allowing immediate development once the purchase is finalized, making this investment an opportunity with reduced execution times and legal security.
Its location is strategic, just a few meters from the Güímar courts and the town center, with easy access to commercial, educational, and healthcare services, and only 40 minutes from Tenerife South Airport and 20 minutes by car from the capital, Santa Cruz de Tenerife, making it an ideal connection point.
The building is free of charges and occupants, with all water and electricity supplies up to date, no tenants or legal issues, guaranteeing a fast and secure acquisition, ready to start the planned project or adapt to new investment opportunities.
Visits can be arranged provided the interested party can demonstrate financial solvency, ensuring a secure and professional negotiation process.
This is an ideal investment for those looking to develop a modern residential project in one of the areas with the greatest growth potential in Tenerife.