La Palma Exklusive Real Estate
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Tourist Accommodation Complex in Los Llanos de Aridane
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For sale

Tourist Accommodation Complex in Los Llanos de Aridane

Location TBD

950.000 €

+ 3% agency fees

Built area

850 m²

Plot area

6,000 m²

Altitude

500 m

Type

Condo

Status

Active

Description

La Palma Exklusive Inmobiliaria presents a complex of seven holiday apartments in Los Llanos de Aridane, with a swimming pool, gardens and an operating accommodation business.

A property that combines the independence of its apartments with communal spaces designed for relaxation and enjoyment of the surroundings. Its terraces, views of the mountains of the Aridane valley and the opportunity to manage several units within a single complex make this a proposition of interest to investors and holiday accommodation professionals.

Seven apartments of different types

The complex comprises one- and two-bedroom apartments, with different layouts and published floor areas of approximately 50 to 140 m2, subject to documentary verification.

The units have their own kitchens, living areas and private bathrooms. The furnished terraces offer views of the mountains, gardens or swimming pool, depending on the apartment.

The amenities advertised for guests include Wi-Fi, satellite television, a safe and a hairdryer. The kitchens are equipped with a fridge, hob, microwave, coffee maker and utensils, with an oven in certain units. Some apartments also have a fireplace.

This variety makes it possible to offer different accommodation options for couples and small groups while managing the establishment as a whole.

Swimming pool, gardens and outdoor living

The outdoor space is one of the complex’s main attractions.

The shared outdoor swimming pool is heated by solar energy and is complemented by sun loungers, landscaped areas and a barbecue. The apartment terraces extend the living spaces and allow guests to enjoy the surroundings with greater independence.

The establishment also provides parking for guests.

A location from which to discover La Palma

Situated in Los Llanos de Aridane, on the western side of the island, the complex provides a setting for stays combining nature, walking and visits to the coast.

Restaurants, supermarkets and other services are a short drive away. Its location offers a base for exploring the Aridane valley, experiencing the volcanic landscapes and discovering the varied settings of La Palma.

Tourism activity and market positioning

The accommodation has an established presence on booking channels and guest reviews that highlight aspects such as tranquillity, cleanliness and the comfort of the accommodation.

For a new owner, the transaction offers scope to consider either direct management or the appointment of a professional operator. Marketing, direct bookings and the organisation of services are areas that can be assessed as part of an individual operating plan.

Income and indicative gross yield

Sale price: 950,000 euros.

Declared annual gross income from the business: 120,000 euros, subject to verification through the corresponding financial documentation.

Based on the stated sale price, this figure represents an indicative gross yield of 12.63% per annum.

The calculation compares the declared income with the price of the property. It is made before deducting marketing commissions, cleaning, utilities, maintenance, management, insurance, taxes and financing. It also excludes acquisition costs and any investment the buyer may need to make.

Net profit and actual returns must be determined through a review of the accounts and the terms of the transaction. Future results will depend on occupancy, rates and operating costs.

Confidential marketing

The identity of the establishment, its exact location and detailed information will be provided privately to identified interested parties, subject to a confidentiality undertaking.

The scope of the sale, inventory, existing bookings and the administrative and contractual conditions for continuing the business will be clarified during the review process.

Fees and expenses

La Palma Exklusive Inmobiliaria’s agency fees, payable by the buyer: 3% of the purchase price, plus any tax legally applicable.

Acquisition taxes and transaction formalisation costs are not included in the stated price and will be determined in accordance with the transaction and applicable regulations.

La Palma Exklusive Inmobiliaria

Contact our team to request the private dossier and obtain further information about this opportunity.

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