Imagine a place steeped in history, a former convent that has gracefully transitioned into a delightful boutique aparthotel. This isn’t just any property; it’s a business that has been thriving for over 27 years, blending the old-world charm of traditional Canarian architecture with the efficiency of a modern, profitable enterprise. It’s been carefully restored, breathing new life into its ancient walls while keeping its soul intact. The profitability is a key feature, with a consistent six-figure income year after year. Plus, operating costs are kept remarkably low, which is always a good sign for any business. The global reach is already established, thanks to up-to-date booking systems and a solid technical foundation. This means guests from all over can find and book their stay with ease.
Your Home Away From Home: Accommodation and Amenities
Inside, you’ll find 7 fully equipped accommodation units. Think of them as cozy, self-contained spaces designed for comfort and convenience. Some of these units even offer partial sea views, a private balcony, or a terrace – little touches that make a big difference. The property comes fully furnished, so there’s no need to worry about setting up. Everything you see is included, right down to the last detail. Wi-Fi is available throughout the entire building, which is essential these days. For added comfort, new mattresses were installed in 2025, and the units are equipped with new Smart TVs that offer access to Netflix. You’ll also find new appliances, ensuring everything is in good working order.
Relaxation and Views: Outdoor Spaces to Cherish
Step outside, and you’ll discover some truly special areas. There’s a beautiful interior courtyard, a tranquil oasis filled with lush vegetation and an impressive 8-meter cactus that stands as a unique centerpiece. It’s a lovely spot to just sit and unwind. Then there are the rooftop terraces – plural! These offer expansive views and are designed for relaxation and enjoyment. One features a pergola, providing shade for lounge areas, and the other boasts sea views. These terraces are perfect for guests to soak up the sun, enjoy a quiet moment, or perhaps a drink as the sun sets. The property also includes a reception area, an office for managing operations, and a service room.
Built to Last: Infrastructure and Immediacy
The condition of this property is excellent. There’s no need for immediate renovations, which saves a significant amount of time and money. In recent years, the appliances and various installations have been consistently updated. The electrical, water, and sewage systems were all renewed back in 2004, ensuring a robust and reliable infrastructure. Crucially, all the necessary licenses are in place and included in the sale price. This, along with the complete inventory, means that the business can continue operating without interruption from day one. It’s a ready-to-go opportunity.
Location, Location, Location: Icod de los Vinos Charm
The aparthotel is situated in a peaceful, slightly elevated area just above the historic center of Icod de los Vinos. This location offers a nice balance – it’s quiet yet conveniently close to the heart of the town. Within a 5–10 minute walk, guests can reach the town center, where they’ll find a variety of restaurants, cafés, shops, and attractions. The most famous of these is the Drago Milenario, the ancient Dragon Tree, a must-see landmark. This proximity makes it an ideal base for guests, even those who don’t have a car. For beach lovers, San Marcos Beach is about 2.5–3 kilometers away, a short drive that can be covered in just a few minutes. Nature enthusiasts will also appreciate the excellent location. There’s quick access to numerous hiking trails in the northern part of Tenerife and routes leading towards the Teide National Park. The nearby TF-5 motorway provides easy access for traveling to Puerto de la Cruz and the southern regions of the island, making it a convenient hub for exploration.
Business Structure: A Smart Investment
An interesting aspect of this sale is that the property is owned by a limited company (S.L.). This means the sale involves the transfer of the company along with the property itself. This structure can offer a potential financial advantage, as it might exempt the buyer from the standard 6.5% Property Transfer Tax. This is a detail that could significantly impact the overall acquisition cost, making it an even more attractive proposition. The business benefits from low staffing costs and a lean operational structure, contributing to its sustained profitability. The international booking system already in place further solidifies its established market presence.
