**Exceptional Historic Boutique Aparthotel with Character and Excellent Returns**
Description
A lovingly restored former monastery, over 230 years old, has been transformed with great sensitivity into a charming aparthotel. Authentic Canarian architecture meets a proven, highly profitable business model — a place that delights guests and convinces investors alike.
Successfully operated in the tourism sector for more than 27 years, the property generates stable six-figure annual revenues while maintaining a very lean cost structure. Staffing requirements are limited to a part-time office employee working half-days and an additional part-time cleaning employee.
Its international positioning is already firmly established. Thanks to modern booking systems and excellent technical infrastructure, the property welcomes tourists from all over the world. Guests from Central and Eastern Europe, as well as travelers from China, Taiwan, Canada, the USA and South America, regularly book via international platforms and appreciate the unique atmosphere of the charming historic walls.
At the heart of the property lies an atmospheric courtyard featuring an impressive 8-metre-high cactus, surrounded by palm trees and Mediterranean vegetation — a true oasis of calm.
The spacious rooftop terraces with pergola, lounge areas and fantastic sea views offer inviting retreats with a very special ambience.
The seven fully equipped residential units combine comfort with individuality. Modern amenities — including new orthopaedic mattresses installed in 2025, smart TVs with international and local channels, Astra and Eutelsat satellite reception, and property-wide Wi-Fi — meet the expectations of an international clientele.
The entire hotel is in excellent condition, with no backlog of renovations. In recent years, electrical appliances such as refrigerators, hobs, televisions and hot-water boilers have been continuously replaced.
Particularly attractive for investors: all required licences are included in the purchase price, as is the complete inventory. Operations can be continued seamlessly — a genuine turnkey investment.
The property is being sold for reasons of age — a rare opportunity to acquire an established, charming and economically stable asset in one of Europe’s most sought-after regions.
Address
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Address Calle Camino 28
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Country Spain
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Province/State Provincia de Santa Cruz de Tenerife
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City/Town Isla de Tenerife
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Neighborhood Santa Cruz de Tenerife
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Postal code/ZIP 38430
Overview
- Property ID Udo8
- Price 899,000€
- Property Type Apartahotel
- Property status Venta
- Rooms 7
- Bedrooms 7
- Bathrooms 7
- Year Built 1800
- Size 423 m2
- Land area 367 m2
- Label Venta