With the continued development of Palm-Mar and the completion of more than 160 new apartments in Palma Real Suites, this popular residential area continues to grow strongly. The arrival of hundreds of new residents is creating additional foot traffic and increasing demand for shops, hospitality, and professional services. This makes it a particularly attractive time to invest in commercial real estate in a central location.

Tenerife Online is offering this commercial space for sale beneath the Terrazas del Faro residence, right in the commercial heart of Palm-Mar. The property features a total built-up interior area of 87 m², consisting of a commercial space of 63 m² and a spacious warehouse area of 24 m².

Additionally, there is a private terrace of 20 m² in front of the premises. This outdoor space provides additional visibility and offers interesting opportunities, depending on the activity and required permits, for receiving clients, setting up tables, or expanding the commercial space.

An important advantage is that the premises are being sold without transfers. You are purchasing the entire property and therefore do not need to take over an existing business or operation. Thanks to the ground-floor location, both the commercial section and the warehouse space are easily accessible to customers and suppliers. Additionally, the premises, together with the other commercial properties, have exclusive use of a 16 m² loading and unloading zone.

The adjacent commercial premises are also being offered for sale by Tenerife Online for €225,000. This property is not yet fully finished, thereby offering the future owner the opportunity to further adapt the interior and finish to their own commercial activity and wishes.

The central location between various residential complexes and existing businesses ensures excellent visibility and interesting commercial potential. Depending on the necessary permits, the property may be suitable for a variety of activities, such as an office, boutique, beauty salon, hair salon, health or wellness concept, showroom, specialty store, coffee bar, or other service-providing business.

In recent years, Palm-Mar has grown into one of the most sought-after residential locations in the south of Tenerife. The international population, the continuous construction of high-quality residences, and the rising number of permanent residents ensure that the demand for local amenities continues to increase.

Commercial properties without a transfer fee rarely come onto the market in Palm-Mar. The combination of a spacious commercial area, a separate warehouse, a private terrace, and a strategic location makes this property attractive to both entrepreneurs looking to expand their own business and investors seeking a property with future potential.

A unique opportunity to invest in the commercial heart of a neighborhood that continues to grow rapidly. Please contact Tenerife Online without obligation for more information, the terms of sale, or a viewing.