№ 2,468,026
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Investment project 283 m² in Vilaflor

550,000 €
1,943 € /m²
  • Total area 283 m²
  • Yield —
  • Lease term —
  • Constructed —
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Alina Dunaeva
Investment consultant in Vilaflor
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    Key project parameters
    Total area
    283 m²
    Project description

    Climbing up the Ifonche road, at 1,000 meters above sea level, we find this charming and traditional Canarian restaurant, located right beside the road. On weekends, it’s common to see lines of loyal local customers waiting for their turn, as meals are served in order of arrival with a number system.

    The long covered terrace, adorned with two mature trees that provide ample shade on hot days, offers truly spectacular views of the sea and the mountain ridges that unfold below your feet. The atmosphere evokes a deep harmony with nature and a sense of peace that only such surroundings can provide.

    Completely independent and located outside the village, the restaurant has a large private parking area and is in impeccable condition, ready to continue operations without the need for renovations.

    The first room features a large bar, ideal for drinks or quick meals for locals, and it serves breakfast starting from 10:00 a. m. The main dining hall accommodates 150 guests, with an additional 30 seats on the terrace.

    In the back, there is a spacious, fully equipped kitchen, a cold storage room, pantry, barbecue area, and a full bathroom for staff.

    After 38 successful years of operation, the current owner is retiring and offering the property for sale. The business is delivered fully furnished, equipped, and with a valid activity license. It currently employs six full-time staff members, plus three additional employees on weekends.

    This is a profitable business with proven income, ideal to be managed as a family operation or as an investment in the hospitality sector.

    Very close to the restaurant, we offer a farm for sale measuring approximately 60,000 square meters, suitable for growing olives, potatoes, or vines. It has never been used, and is completely organic. The price is € 300,000.

    It would also be possible to purchase a wonderful house in the area.

    Extra information
  • Balcony or terrace

    Balcony or terrace

  • Tenants
    Agreement
    n/a
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