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House 66 м² in Santa Cruz de Tenerife, Spain

30 590 $

463 $ /м²

4OVHb
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Area

66 м2

Bedrooms

3

The operation of the restaurant will be transferred

This is a unique opportunity to become the owner of a successful, fully functioning restaurant in a central location! This restaurant has been a cornerstone of the community for over 30 years, with loyal customers, a great location, and huge potential. With its established customer base, it can be considered a real treasure trove. Locals, medical professionals, teachers, and tram passengers often visit this restaurant. Its central location makes it easily accessible to visitors from medical facilities, schools, or the tram stop, ensuring a steady flow of customers. The restaurant is known for its quality dishes, which has been one of the reasons for its success. It comes fully equipped and ready to welcome guests from day one. The kitchen, furniture, and decor are in excellent condition. Apart from maintaining its existing clientele, the restaurant has the potential to expand its menu, hours of operation, or services to increase revenue. The information provided is for guidance only and is not legally binding, it may contain errors or omissions. Taxes and transfer expenses are not included in the sale price.

Additional details

Property type

Commercial

Object type

House

Price

30 590 $

FAQ

In Spain a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Santa Cruz de Tenerife; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in Spain finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of Spain takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Santa Cruz de Tenerife short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (30 590 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Santa Cruz de Tenerife: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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