899,000 EUR

Hotel for Sale in Calle Campino, Icod de los Vinos, Santa Cruz de Tenerife, Canary Islands, Spain

Unique Historic Boutique Aparthotel with a Compelling Story

Asking Price: 899,000 EUR

A lovingly restored former monastery, over 230 years old, has been sensitively transformed into a charming boutique aparthotel. Authentic Canarian architecture meets a proven and highly profitable business model—a property that captivates 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 one half-day office employee and one additional part-time housekeeping employee.

The property already benefits from a well-established international positioning. Thanks to modern booking systems and excellent technical infrastructure, the aparthotel welcomes guests from all over the world. In addition to visitors from Central and Eastern Europe, travelers from China, Taiwan, Canada, the United States and South America regularly book through international platforms and appreciate the unique atmosphere of the historic building.

At the heart of the property is an atmospheric courtyard featuring an impressive 8-meter-high cactus, surrounded by palm trees and Mediterranean vegetation—a peaceful oasis of tranquility. The spacious rooftop terraces with pergola, lounge areas and fantastic sea views offer inviting retreats with a very special ambience.

The seven fully equipped accommodation units combine comfort with individuality. Modern amenities—including new orthopedic mattresses installed in 2025, smart TVs with international and local channels, Astra and Eutelsat reception, as well as Wi-Fi throughout the property—meet the expectations of an international clientele.

The entire hotel is in excellent condition, with no renovation backlog. In recent years, electrical appliances such as refrigerators, hobs, televisions and hot-water boilers have been continuously renewed.

Particularly attractive for investors: all necessary licenses 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 due to the owner's retirement. This is a rare opportunity to acquire an established, charming and economically stable hospitality property in one of Europe's most sought-after regions.

Features and Amenities

• 7 units: 6 apartments plus 1 studio
• Some units with sea views, balcony or terrace
• Fully furnished, including complete inventory
• Wi-Fi throughout the building
• New mattresses installed in 2025
• New smart TVs with Netflix
• New electrical appliances
• 2 rooftop terraces with lounge areas and pergola
• Courtyard with garden and seating areas
• Reception, office and utility room
• Technical infrastructure—electricity, water and wastewater—renewed in 2004
• International booking system
• Licenses included in the purchase price
• Six-figure annual revenues
• Low staffing requirements
• Low operating costs

Location

Central, close to the beach and ideal for nature lovers.

The aparthotel is situated in a quiet, slightly elevated location above the historic center of Icod de los Vinos. The town center, with restaurants, cafes, shops and attractions such as the famous Drago Milenario, can be reached on foot in approximately 5–10 minutes—ideal for guests without a rental car.

The popular Playa de San Marcos is approximately 2.5–3 km away and can be reached in around 5 minutes by car or approximately 25–30 minutes on foot.

A particular highlight of the location is its proximity to numerous hiking and nature areas. The region around Teide National Park, as well as the lush green highlands of northern Tenerife, offer a wide variety of hiking routes through volcanic landscapes, laurel forests and spectacular viewpoints. Many of these routes are just a short drive away, while some even begin in the surrounding area. Access to the main road network, including the TF-5, also provides convenient connections towards Puerto de la Cruz and the south of the island.

Additional Information

All information is based exclusively on details provided to us by our clients. We accept no liability for the completeness, accuracy or current validity of this information.

Please note: The property forms part of an SL company, comparable to a German GmbH or limited liability company. Upon purchase, the company, including ownership of the property, is acquired. This offers the advantage that no property transfer tax of 6.5 percent is incurred.

Please also note that we do not provide tax advice. Prospective buyers are advised to seek comprehensive guidance from a qualified tax advisor on this matter.