Apartment building in Playa de las Americas

640,000 €

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Key project parameters

Project description

Opportunity to acquire a fully operational car rental business in the south of Tenerife, with excellent location, reputation, and brand recognition.

Includes a complete fleet of 40 vehicles, from economical models like Fiat Panda to premium options like Mercedes, with a valid business license.

Included premises:

• Las Américas: office + mechanical garage with 13 spaces, clean and well-equipped.

• Playa Paraíso: commercial office.

Monthly total rent: € 4.000 + IGIC

• Los Gigantes: rental unit inside a tourist hotel.

Current rent: ± € 1.000. May be discontinued with new ownership.

Current staff: 5 employees on permanent contracts.

What makes this investment unique:

• Turnkey business ready to operate from day one.

• Strategic location in high-demand tourist zones.

• Well-known brand appreciated by locals and tourists alike.

• Profitable sector with year-round demand.

• Perfect for investors seeking a secure and ready-to-run opportunity.

Asten Realty Ref: 9454

Tenants

Agreement: n/a

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annual yield: From 15-17%
investment exit horizon: 2–3 years
full support at every stage: Turnkey deal

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How we help investors

Analysing the needs

We use a methodology that enables us to formulate requests and find good deals in the market

Developing a strategy

We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment

Providing transaction support

We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account