£29,657,089

Retail premises for sale

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£29,657,089

€35,000,000 (€614.79/sq. ft)

Retail premises for sale

Street Name Upon Request, Puerto Del Rosario, Es

56,930 sq. ft

Local area information

Property location

Nearby amenities

Features and description

Property with many business possibilities, currently with 5,289 square meters and the possibility of converting it into 8,289 square meters. It is the only property in the center of the capital of Fuerteventura, with four fronts facing different streets. The property has 2,413 square meters of land, on which there is a building of 4,289.69 square meters, with 1,400 square meters per floor, and an adjoining plot of land of 1,000 square meters used as a parking lot (approximate measurements).

The area where the property is located is unique, situated in the center of the capital of the island of Fuerteventura, perfect for any type of commercial activity, with great projection, alternatives, and future prospects.

The property consists of a basement floor, a ground floor, a second floor, and the possibility of constructing a third floor on the rooftop. The ground floor has a currently functioning store (a large supermarket with two access doors), and the first floor has a party hall with a restaurant equipped with high-quality materials, also currently functioning.

An urbanizable plot of 1,000 square meters is adjacent to the building, which is currently used as a parking lot for supermarket customers. It is important to note that there is a project in place to construct three floors of stores (with the possibility of dividing them), which means 3,000 square meters of construction, plus a rooftop floor. This project is pending updates according to current regulations.

We are presenting a unique business opportunity, considering that there is currently no land for construction of the dimensions we present in the center of Puerto del Rosario, and the location of the property, up to the rooftop, can be very profitable for renewable energy (solar panels) due to the existing climate all year round in the area.

The property documentation is fully updated (opening permits, future building project, current business project, plans, deeds, business turnover figures, etc.).

Fuerteventura, the second largest island in the Canary Islands, is located in the Atlantic Ocean, 100 km from the north coast of Africa. It is a well-known vacation destination for its white sandy beaches and warm climate throughout the year, with constant refreshing breezes. Cliffs and protected coves interrupt the large beaches that surround the island. The city is famous for its water sports, especially surfing, windsurfing, and water skiing.

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