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Commercial Property Canary Islands
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Welcome to our Commercial Page :- many people dream of moving abroad ,but many are put of by the thought of not getting a job,how do you survive?
For some the answer is easy, buy a business, but what, and where? Commercial Tenerife  |
20,701 euros
Gift and Jewellery Shop to be sold on a traspaso basis, within an area of 45m2 upstairs and basement. Stock is not included but is negotiable at an extra price, but shall be less than cost price. Alarm connected to the police. Air conditioning. Display shelves and cabinets. Small fridge. All furniture except stock. Electricity generator. Downstairs ofice and storeroom with shelves, desk and chair and also security safe. Situated in a busy and popular shopping centre. |
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39,603 euros
Located in the center of Los Cristianos this hairdressing business is to be sold leasehold. The business is fully equipped and is to be sold with the stock. |
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110,688 euros
Located in Las Americas, a very large local to be sold on a freehold basis. Currently being used as a souvenir shop. The local is in a fantastic tourist area and only 20 meters from the sea. To be sold either with or without stock. |
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129,165 euros
Located in Las Chafiras, a garage business for leasehold. The garage is fully equipped and has 2 toilets. The business has been established for 12 years and provides full mechanical servicing for all makes and models of vehicles, with complete servicing, ITV inspections, breakdown call-outs and valeting. It has established company clientel, 62 rent-a-car vehicles and clients and 50 rent-a-car clients of Lynx car rental. |
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114,059 euros
Fast food restaurant situated right in the heart of the Las Veronicas area of Playa de Las Americas. Enjoys all day, all year round trade in a very busy, bustling area.
This business has all the necessary paperwork and licences for any potential investor to commence trading immediatley. To be sold on a leasehold basis and comes fully equipped.
An excellent opportunity in a prime position and must be viewed to appreciate location. |
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114,190 euros
Well located Sports shop business ideally 10 metres from the beach in Las Americas. To be sold either on a leasehold or freehold basis. To be sold fully furnished. The local includes 1 bathroom and store room. Possibility of purchasing the merchandice for an aditional price. |
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247,768 euros
Supermarket within a busy complex, that is 60% timeshare and 40% individually owned apartments. Complex facilities include two communal swimming pools, a restaurant/bar, a foyer bar, and several other shops. General products plus deli, selling fresh meats, hams, cheeses and prepared dishes cooked in house.
The business is to be sold either freehold or leasehold, the leasehold price is shown. |
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85,548 euros
Cafe/bar situated in Los Cristianos. A fairly large bar with seating inside and out. Two terraces. Ice-cream freezers and cigarette machine, to include all stock and to be sold fully equipped. Situated on the top row of San Telmo, access from the street in a very good position. With beautiful views of Playa de la Vistas beach, the sea, La Gomera. Seating area: 6 seating on the front terrace (street) and 12 sitting inside. With 30 seating overlooking to sea (back terrace).
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86,333 euros
Excellent opportunity to invest in a very popular bar/restaurant in the very popular San Eugenio Alto area.
This business, enjoying a brisk all day, year round trade, has all the necessary licenses and accounts for any potential investor and comes fully equipped with all fixtures, fittings and stock.
Must be viewed to appreciate location and turnover. |
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105,276 euros
Fully equipped snack bar including karaoke system, satellite TV and 4 televisions. A very large local with a fully fitted kitchen, 2 toilets and store room. On a 10 year renewal leasehold basis. Located on the beach front of Las Americas. |
Commercial Gran Canaria  |
60,649 euros
Excellent lively recently refurnished bar next to the Gran Chaparral in Playa del Ingles. This business is in a perfect location and has 75 seats inside and another 75 outside on the terrace area. 8 TV's, Air Conditioning. Directly in front is a children?s playarea which is ideal for families. The bar is currently having live entertainment every night with Karaoke, quiz's, bingo and serves light snacks and Sunday roast. Leasehold & Freehold available.
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167,971 euros
Pool Bar for sale situated on the main road Avenida de Tirajana in Playa Del Ingles. This bar is currently open from 9.30am right through till 12 midnight with live entertainment on some nights. Being sold fully furnished. Property has a kitchen, bar and terrace area. Genuine reason for sale.
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FREEHOLD 446,171 euros
Superb Italian Restaurant FREEHOLD for sale in the Shopping Centre Cita in the heart of Playa del Ingles in the South of Gran Canaria. This restaurant is fully equipped with seating for 64, fully fitted kitchen, pizza oven, bar area and storage area at the back. Busy area, excellent opportunity not to be missed. |
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FREEHOLD 537,462 euros
Rustic style restaurant for sale FREEHOLD in Patalavaca. This wonderful Canarian restaurant is situated on the front of a large complex and gives spectacular views of the resort of Anfi del Mar and the Atlantic Ocean. The restaurant is fully furnished in its own unique style and has seating inside and outside on the terrace seating around 60 people. This is a fantastic business investment opportunity. |
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84,559 euros
Wonderful café bar for sale leasehold, in the beautiful area of Puerto de Mogan. This business is a fantastic investment opportunity, it has a nice outside terrace seating around 25 people and is in a great location situated in the plaza market square close to the main car park and shops. |
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169,108 euros
Pool Bar for sale situated on the main road Avenida de Tirajana in Playa Del Ingles. This bar is currently open from 9.30am right through till 12 midnight with live entertainment on some nights. Being sold fully furnished. Property has a kitchen, bar and terrace area.
Genuine reason for sale. |
Commercial Fuerteventura |
43,000 euros
We are pleased to offer for sale this thriving business set in the busy resort of Caleta de Fuste. The Laundrette is based in the Castillo Plaza Centre and comes fully equipped with 4 washing machines, 3 dryers, 3 irons, 2 boards, desk, till, etc. In addition to the Laundrette business there is a bedding section offering quality bed linen/curtains for sale. The rent is ¤1800pm. This small business has great potential and is well worth a look! Price reduced for a quick sale!! |
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Price 35,000 euros
We are pleased to offer for sale this unique opportunity to take over a beautiful clothes shop in a great location in Caleta de Fuste, on the island of Fuerteventura, complete with a wide, full range of stock, clothes, jewellery, swimwear, underwear, bags, cash register, counter display cabinets and fixtures and fittings etc. The business is an ongoing concern, well advertised. It has built up a regular clientele both with residents and tourists. The present owners are wiling to work with you to supply you with all information on suppliers etc. Information on stock suppliers will only be given on receipt of a non refundable deposit to purchase |
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142,639 euros
Excellent Italian restaurant offering a wide range of culinary delights up for sale including all stock and high quality furnishings and fittings. Situated in one of the best locations in the popular tourist resort of Caleta de Fuste, this well established restaurant boasts spacious outdoor terraces and enjoys nightly live entertainment from within the commercial centre. |
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209,602 euros
A fantastic opportunity to acquire this busy bar in the popular resort of Caleta de Fuste just 10 minutes from Fuerteventura airport. This 40m2 bar is being sold freehold and the price includes all fixtures, fittings and stock. The bar currently has seating for approximately 45/50 people and is an opportunity not to be missed for those looking for a sound investment on the island! |
Commercial Lanzarote  |
38,900 euros
An exciting opportunity to buy into an established clothing Franchise.
Situated in the busy tourist resort of Costa Teguise, the business attracts holidaymakers as well as residents.
It is to be sold as a fully functioning, trading business along with all stock, fixtures, fittings etc. and a 5 year renewable lease can be taken over.
Audited accounts are available for the serious investor.
This represents a perfect opportunity to acquire an established business whose name is known throughout the island.
Retirement forces sale.
Viewing strictly by appointment. |
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A unique opportunity to take over an operational restaurant.
The restaurant is open and currently trading serving
51,877 euros
Indian Cuisine. It is a well known and well established business.
It has a full bar and kitchen and so can be adapted to the new owners needs.
There is seating outside on the terrace as well as inside the restaurant with a total of 60 covers at present.
The restaurant is set in a commercial centre in a tourist zone with hotels and apartments all around.
A unique opportunity and private, accompanied viewings can be arranged for the serious enquirer. |
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86,030 euros
A fantastic opportunity to acquire the lease on a fully fitted, working pub.
The pub is situated in a commercial centre which is surrounded by hotels and tourist complexes and is directly opposite a sandy beach.
It is to be sold with all fittings including full karaoke system; satellite system and big screen; pool table etc etc.
This is more a "pub" than a "bar" and with the right management would make a superb business venture.
It has an opening licence until 3AM, and a music licence too.
Relocation forces sale.
Viewing by appointment. |
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190087 euros
A large, very well situated disco-bar overlooking the busy ferry terminal in Playa Blanca. The bar has fabulous views out to sea and across to the neighbouring island of Fuerteventura. The bar is currently operational and is ready to be taken over as a going concern on a new 5 year lease. It is to be sold with the full sound system; projection large screen TV and air conditioning units.
It also has a late licence until 4am.
A fantastic opportunity to take over a fully functioning business.
There are plans pending to increase the size of the ferry terminal to accept cruise ships in the near future.
Viewings can be arranged by appointment. |
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211,779 euros
A very busy bar/restaurant in Puerto Del Carmen.
Situated just outside the old town, the bar is surrounded by holiday complexes and is on the path to the old town.
Aprox. 210m2 with a seating capacity of around 90, plus standing room.
The bar is open from 9.30am serving breakfast's, lunches, snacks and evening meals. Covering all major sporting events on a host of TV's and a large screen.
Live entertainment and licensed until 3.00am.
An excellent income potential for a family or primary business. |
We have many other commercial properties availablethroughout the Canary Islands,
call or fill in the enquiry form for details
Return to Commercial
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Special incentives for companies investing in the Canaries
As more and more people each year are discovering the appeal of the Canary Islands, the tourism economy is shooting up at an unprecedented rate – great news for the financial stability of the region, and good news for the visitor as more money is consequently put back into improving the region's infrastructure and facilities.
However, as if the prospect of a booming population wasn't enough enticement to encourage new business to the archipelago, the Special Canary Islands Zone (ZEC) was established in the year 2000 to promote even further development by offering unique tax advantages to new companies establishing themselves within this zone.
There are certain criteria to be met before registering for ZEC status (ask us for more details) but ZEC companies will enjoy the following tax advantages:
Rather than the 30 to 35 percent corporation tax levied on companies in Spain, those sheltered under the ZEC regime will only be charged between one and five percent on profits derived from ZEC activities.
Exemption from IGIC on delivery of goods and provision of service from one ZEC company to another, and also on the importation of goods.
Exemption from Capital Transfer Tax and Stamp Duty in business activities and company operations within the geographical area of the ZEC.
As ZEC businesses are considered Spanish resident companies, EU tax treaties are fully applicable to avoid double taxation |
Taking legal steps in leaps and bounds
World-wide Property ureau helps you dot the ‘i's' and cross the ‘t's'
Taxes & other costs
In addition to the sales price, bear in mind that you, the purchaser, will also have to pay approximately 10% of the new declared value for a resale property, or approximately 6% if buying a new property. This is made up of the following taxes and fees;
•6% ITP tax (Impuesto sobre Transmisiones Patrimoniales) when buying resale property, or 5% ITP plus 0.5% stamp duty if purchasing new property
•Notary fees
•property registration fee
•plus valia (capital gains tax)
•if you buy in the name of a company you are also liable to pay IGIC, the Canarian equivalent of VAT.
Mortgages
Details required: Employee
•P-60 all applicants
•Copies of passports, all applicants
•Contract of purchase
•Copies of bank account statements (if already account holder here in Spain).
If Self employed:
•2 years accounts
•2 years bank statements
•Copies of passports, all applicants
•Contract of purchase
You'll be pleased to hear it's fairly straightforward to apply for and obtain a mortgage and non-residents can obtain up to 60% of the valuation price.
There are costs involved however;
• approximately ¤ 240 for a property valuation
• 1% mortgage opening commission
• insurance, varying from ¤ 120 – ¤ 240 per year
• a fee for the Notary & Registration of the mortgage.
Provided you submit the requested financial information, which is very straightforward, the mortgage can be effective within 10 to 15 working days. The advantages of securing a local mortgage include extremely low interest rates (4% variable, 5% fixed); it doesn't reflect your country of origin; it's tax deductible; and should you rent the property, the same account can be used as a debit credit account.
The only downside is that local banks, whether they have major international associations or not, will only finance you a percentage of the valuation price, not of the actual purchase price. Therefore, depending on the evaluation, it's sometimes worthwhile taking the time to compare what different banks will offer. |
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