Unique asset in Tenerife: heritage, boutique hotel and events in one project

€1,425,000
  • 10 Rooms
  • 10 Bedrooms
  • 7 Bathrooms
  • ~722 m² Total surface
  • ~700 m² Living area
  • ~523 m² Plot surface
  • ~40 m² Terrace surface

Description

In the very heart of the historic old town of La Orotava, one of the most emblematic towns in northern Tenerife, stands this exceptional property declared a Property of Cultural Interest: a unique asset where heritage, exclusivity, and profitability converge in a single investment. With more than 700 m² built, this historic residence has been carefully preserved, keeping intact the essence of traditional Canarian architecture. Its spaces are arranged around a bright central courtyard that brings harmony, privacy, and character, creating a residential experience that is hard to replicate. The property currently operates as tourist accommodation with four elegant rooms and an independent studio, all with en-suite bathrooms, offering an established product aimed at high-end experiential tourism. In addition to this operating area, there is a second section with four additional rooms, a separate living room, and an independent kitchen, allowing immediate expansion of lodging capacity. The outdoor areas are one of its key distinguishing values: a spacious courtyard ideal for private celebrations, a large terrace with a chill-out area designed for relaxation, and a rooftop terrace with open views that enhances the property’s emotional appeal. Thanks to its scale, layout, and protected heritage value, the property offers multiple development scenarios: from consolidating a charming boutique hotel to creating an exclusive venue for events, weddings, international retreats, cultural gatherings, or corporate experiences. Its versatility allows it to be positioned in premium segments with high demand and limited supply. With current profitability above 12%, the asset combines immediate income with significant potential for appreciation, making it an exceptional opportunity for investors seeking unique, differentiated assets with a distinct identity. More than a property, it is the acquisition of a project with history, vision, and real capacity for growth within the international tourism market.
Features
BalconyBuilt-in kitchenGardenPatioTerraceGuest toiletFurnished
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Engel & Völkers Puerto de la Cruz

Your advisor: Manel Moreno

Property ID: W-047Z0A

Property details
  • Object type

    Detached house

  • Rooms

    10

  • Bedrooms

    10

  • Bathrooms

    7

  • Number of Floors

    2

  • Total surface

    ~722 m²

  • Living area

    ~700 m²

  • Plot surface

    ~523 m²

  • Terrace surface

    ~40 m²

  • Usable surface

    ~700 m²

  • Garden surface

    ~200 m²

  • Flooring

    Tiles, Wooden floor

  • Building Restrictions

    Ensemble Monument

Energy efficiency information
  • Construction year

    1900

  • Energy certificate available

    Yes

Location: La Orotava, Canary Islands

Living in this residence is living in the beating heart of La Orotava, a town that has preserved intact its Canarian essence and centuries-old history. Its cobblestone streets and carved wooden balconies transport the visitor to another era, where every corner is a whisper of legends, culture, and tradition. Here, colonial architecture coexists with lively squares and gardens, and time seems to keep its own pace, unhurried and serene. The historic center of La Orotava is a privileged enclave: walking its streets means discovering hidden cafés, artisan shops, centuries-old churches, and corners where the light plays across façades that seem to tell their own stories. Every stroll is a discovery, every alleyway a moment to pause and contemplate. But La Orotava is not only history; it is also a sensory experience. From the house window you can sense the daily life of the town: the aromas of freshly baked bread, the murmur of the square, the colors of the sunset over the rooftops. And just a few steps away, the viewpoints and terraces of the valley offer spectacular views of the Atlantic and the emblematic landscapes of Tenerife, where nature merges with traditional architecture. This location makes the residence a strategic point for those seeking to enjoy island life authentically, without giving up the convenience of having everything close at hand: restaurants, shops, museums, and cultural routes are within easy reach, while the tranquility of the property allows you to withdraw to a private, serene refuge. Living here is belonging to a place that combines history, beauty, and a unique pace of life. Investing here is immersing yourself in a setting where each day offers a different experience: from walks among palaces and historic gardens to sunsets that paint the centuries-old rooftops gold. In short, this residence is not only in La Orotava. It is in the heart of the island’s history, culture, and life, and its location alone makes crossing its threshold a privilege that is not forgotten.

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