
Overview
A rare opportunity to acquire a turnkey boutique hostel business located just steps away from Las Canteras beach in Las Palmas de Gran Canaria.
This modern, fully renovated property features 10 guest rooms (8 standard, 2 premium), shared bathrooms, a fully equipped communal kitchen, a spacious coworking area (60m²), a rooftop terrace (50m²) with chill-out zone and jacuzzi-ready space, and free laundry facilities for guests.
Designed for digital nomads, long-term travelers, and remote workers, this hostel offers:
Smart locks with self check-in
Noise and smoke detectors in all rooms
High-speed internet (600 Mbps) with optimal coverage across 4 floors
Premium memory foam sofa beds in standard rooms, king-size beds in premium units
Shared bathrooms designed for privacy and efficiency (3 toilets, 3 showers, 3 sinks per set)
Additionally, the property includes a commercial unit on the ground floor (currently not in use), with the potential to generate an extra €1,500/month if rented or integrated into the business.
The current operation generates net annual earnings of €96,000, with further upside available.
✅ What makes this opportunity even more attractive:
A licensing expansion is already underway to convert the building into a 6-story hotel with 12 standard rooms and 2 suites. The permit is expected to be finalized within the year.
🔹 Reason for sale: reinvestment into a larger-scale business in the same hospitality niche.
If you’re looking for a high-performing hospitality asset with strategic location, solid cashflow, and long-term growth potential, this is your chance.
📩 Contact us for financials, floorplans, or to schedule a virtual or on-site visit.
Details
YEAR BUILT
1970# OF FLOORS
4LOT SIZE
0,037 acres# OF BUILDINGS
1Features
- Guest Laundry
- Interior Corridor
- Meeting Space
Financial
Posted By
OwnerAffiliation
Independent# OF UNITS
10ROOM REVENUE
$ 120,000OTHER INCOME
$ 1,500ADR
$ 40OCCUPANCY %
85 %NOI
$ 96,000Location
-
Region
Europe -
Country
Spain -
Address
Calle Hierro 23
Canary Islands, Las Palmas de Gran Canaria