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One Bed & One Bath Business - Puerto Rico - Gran Canaria

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Business Description

complex of 15 apartments overlooking puerto rico bay



the complex has been operating since 1984 and comprises 15 similar apartments each with a small hall bathroom bedroom living roomkitchen and a balcony with sea views



each apartment has its own metered electrcity supply



the complex has a hot water tank of 1600 litres which supplies the apartments and 98 of the heat comes from the 15 solar panels on the roof the surplus heat is used to heat the swimming pool the fully automatic solar energy hot water system was installed 10 years ago



the pool area and the pool as well as other areas were renovated 6 years ago with an investment of 60000 euros



about 10 years ago the roof was covered with a sun reflecting foil



in the entrance of the complex there is a hall reception desk toilet 2 utility rooms and a laundry room with washing machine



under the complex is a large cellar which is used as a garage with room for about 15 18 cars this room could be used as a restaurant or for some other business



the complex is currently run as a limited company spanish sl which is owned by 3 family members all 3 members agree to sell the complex the complex is free of debts and can be bought including the sl which provides a big tax advantage

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Approximate price of this 1-Bed Business
€1,680,000 EUR | 
£1,344,504 GBP | 
US$2,107,728 USD | 

(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 1270710 
Town Puerto Rico 
Region Gran Canaria 
Province Canary Islands 
Country Spain  
Type Business
Bathrooms
Bedrooms
Category Re-Sale  
Listed 131 days ago
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Map of Puerto Rico, Canary Islands, Spain


Towns located close to Puerto Rico, Spain

  • La Playa De Tauro   • La Playa De Mogan
  • La Playa De Arguineguin   • Playa De Cura
  • Taurito   • Patalavaca
  • Cercado De Espino   • Pasito Blanco
  • Salobre   • Amadorres


Rent Your Holiday Property
Price: €1,680,000

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Purchase this Business in Puerto Rico for

€3,283p/m

(70% LTV, 3.4% Interest Rate, 30 years)

(Subject to status. Information given for guidance purposes only.)

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Price of Property in Puerto Rico, Spain

Property Type Min Price Max Price Median Price
(All prices in EUR) Puerto Rico Spain Puerto Rico Spain Puerto Rico Spain
Apartment/Flat 55,000 85 395,000 38,000,000 110,000 220,000
House/Villa 110,000 300 750,000 119,500,000 294,000 420,000
Townhouse 110,000 11,000 750,000 6,360,000 - 250,000
Business 39,900 500 2,625,000 175,000,000 99,500 324,400
Other 799,000 40 799,000 21,000,000 - 216,000

* Calculations based on 270 properties for sale in Puerto Rico and 71918 properties for sale in Spain




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