Nine-Bedroom Villa with Restaurant in Historic La Laguna
€1,500,000€4,412/m²
La Laguna, San Cristobal de La Laguna, Spain
9
bedrooms
3
bathrooms
340 m²
interior
464 m²
plot
Villa
property type
Today
listed
The Habio take
AI summaryThis distinctive nine-bedroom villa in La Laguna is an ideal investment opportunity featuring a well-established restaurant on the ground floor. Located in the historic heart of La Laguna, famed for its stunning architecture, the property offers excellent potential for both residential and commercial ventures.
- historic
- investment
- family
- city
Highlights
- 16th-century historic building
- Established restaurant on-site
- Multiple business conversion opportunities
- High demand for student accommodation
- Located in vibrant La Laguna town
Worth knowing
- Requires renovation in parts
- May not suit traditional residential buyers
- Business operation may involve complexities
Good fit for: Best suited for an investor seeking a project in a historic town with strong rental demand.
Lifestyle scores
- Beach
- 40
- Walkable
- 80
- Remote work
- 60
- Family
- 70
- Retirement
- 65
- Airport access
- 50
- Investment
- 75
- Luxury
- 55
- Value
- 70
About this place
This unique property is a massive 16th-century villa situated in the vibrant and historic town of La Laguna, in northern Tenerife. With an internal area of 340 m² and a plot size of 464 m², it is well-positioned for various investment opportunities, notably featuring a busy restaurant that has successfully operated for many years.
The layout comprises two levels, with the ground floor housing the restaurant and three additional well-fitted rooms that could serve as an extension to the restaurant or a new business venture. An internal terrace and a large store room, which requires renovation, further enhance the commercial potential of the property.
The upper level presents a spacious landing with access to four large rooms featuring charming wooden floors, ideal for conversion into offices for legal or architectural services. Additionally, there are five smaller rooms in need of refurbishment, which could be transformed into multi-occupancy units, capitalising on La Laguna's proximity to universities and the demand for student accommodation. This property offers abundant opportunities for the discerning investor looking to maximise returns.
Where you’ll be
La Laguna, San Cristobal de La Laguna, Spain
Location is approximate — exact address is confirmed by the agent.
Open in Google MapsBuying property in Spain
Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.
Spain ended its Golden Visa property route in April 2025. Non-resident mortgages are widely available, typically 60–70% LTV. Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax. Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
