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Holiday Rental Apartments For Freehold Sale In Costa Teguise - 425,000 Euros (Available)

  

   About this property
Business type: Other Businesses
Business area: Costa Teguise
Sale type: Freehold
Price in Euros: 425000
Price in GBP: 303450
Price in USD: 666400
Turnover last 12 months: N/A
Accounts Available: No
Reference Number: CBO9





5 Star Sale

 FREEHOLD OPPORTUNITY
 LARGE SCALE FINANCING AVAILABLE
 GOOD RENTAL BUSINESS IN PLACE
 MANY REPEAT BOOKINGS
 EXISTING BOOKINGS AND INCOME FOR 2009 IN PLACE


Details:
Interior Size (m²): 0
Exterior Size (m²): 0
Interior Seating: 0
Exterior Seating: 0
Terrace: Walkway
Rooms: 0
Male Toilets: 0
Female Toilets: 0
Disabled Toilets: 0
Staff Toilets: 0
Changing Rooms: 0
Storage Rooms: 0
Kitchen: Yes
Kitchen Equipment: Yes
Fridges: Yes
Freezers: Yes
Coffee Machine: No
Satellite System: Yes
Sound System: Yes
Televisions: 2
Security System: No
Air Conditioning: No
Till System: No
Display Equipment: No
Specialist Equipment: No
Licenced Opening Hours: N/A


This holiday rental business is being sold as a going concern and includes existing bookings in 2009. Consisting of two large apartments in the Los Coronas Apartments Complex in Costa Teguise and a website the apartments will be sold freehold with a small premium for the existing business and bookings.

The apartments have an average of 40 booked weeks per year providing the owners with £300 per week for one and £350 for the other. The owners take on average between €30,000 and €35,000 per year from the apartment rentals (with the current exchange rate) and so new owners can expect from the profit alone to have paid for the business and own the apartments within 12 years.

The owner of the business does also own two other 1 bedroom apartments on the same complex and is willing to include these (maybe as accomodation for new business owners) at €150,000 each if they are to be of interest.



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