Business

Clear Blue Skies is excited to offer this rare investment opportunity of a fully operational photovoltaic solar power plant for sale in South Tenerife.

Located in the Arico municipality, this solar power farm is placed exactly at the right altitude and with the best orientation and inclination to maximise the production of solar energy. Its location in South Tenerife, with one of the highest hours of daily and yearly sunshine, makes this a fantastic investment.

The solar panels have been made in silica and aluminium, offering more durability than the galvanised options and have been secured to the ground by 2 metre deep foundation piles, making them resistant to strong winds whilst the retention trench protects from occasional heavy rainfall.

The solar farm has its own generators, converters and inverters, power transformers and all the necessary complementary subsystems to be fully operational and it is connected to the main electricity network by a nearby tower. The solar panel farm is totally fenced, it has a security system and a monitoring system to check the facilities at anytime from anywhere in the world whilst maintenance and cleaning of the facilities are done regularly.

This large solar farm consists of 11 different solar power plants and has been fully operational for over 5 years having all the legal, technical and administrative requirements up to date and is only 1 year into an existing 15 year contract to sell its energy to the main electricity company in Spain, Endesa.

Of the 11 plants found within the solar farm, a minimum of 3 can be purchased together and each plant obtains a gross income in the region of 70,000€ per year which, after all costs of maintenance, security, ground rent etc. gives a return, before personal/company tax, of approximately 55,000€, so for the purchase of the three plants included in the advertised price the yearly income is approximately 165,000€.

This is a fantastic opportunity to invest in Tenerife and into the renewable energy sources of the future.  It offers a highly profitable and secure return meaning an ongoing return on investment is expected.  For more details and confidential information, please consult with Clear Blue Skies at our office in Fañabé Plaza.

Clear Blue Skies Group SL is delighted to offer for sale this unique investment opportunity in the centre of Los Cristianos.

Los Cristianos is one of the two large resort towns of the south of Tenerife, the other being next door neighbour, Playa de las Americas, plus the adjacent Costa Adeje. In Los Cristianos itself, there is an abundance of shops, bars and restaurants, and it is the main port of the south of Tenerife, with ferries to the other islands. There are a number of lovely golden sand beaches, and the beautiful promenade which begins in Los Cristianos, runs all the way to La Caleta, passing through Playa de las Americas, Torviscas, Fañabé, and Playa del Duque on its way.

For those who want nothing more than to be at the heart of Tenerife’s lively holiday lifestyle, there are very few properties on the open market that could compete with this incredible location. This newly constructed hostel is ideally located in the central pedestrianised area of Los Cristianos, only two minutes’ walk to the beautiful beach of Los Cristianos and surrounded by vibrant eateries and shops. The hostel is built over four floors with a spacious roof terrace and benefits from solar water heating.

Upon entering the building from the street you will find a staircase, lift to all floors and a commercial unit with w.c which could be used as a reception area, or for other business purposes, a store room and bathroom. The first floor consists of a spacious open plan area, which could be designated as a communal living room & kitchen,  offering guests a space to relax or to share experiences with others.

On the second and third floor there are five hostel rooms all with balcony access, all with en-suite bathroom. The top floor is dedicated to the roof terrace, ideal for a sunbathing and relaxation area with great sea and harbour views.  There is also possibility of developing further rooms.

This unique hostel must be viewed to fully appreciate the countless benefits of this superb location, in addition to the superior quality of the complex and apartments themselves. Contact Clear Blue Skies Group SL for further information or to arrange a visit.