Business in Tenerife

Why Buy a Business in Tenerife?

Business in Tenerife
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John worked for fifteen years in the post office.  Now he runs his own bar in Tenerife. Teresa runs her own gift shop in Tenerife.  She worked for Tesco when she was in the UK. Kevin and Mary both worked in the Civil Service, but now they are proud restaurant owners in Tenerife. What is [...]

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So What is a Traspaso Business in Tenerife?

Business in Tenerife

The most common type of business for sale in Tenerife  is known as a traspaso.  Basically, the landlord owns the building shell while you own everything else unless stated. Traspaso leases should not be taken on for less than five years and are sometimes offered for an indefinite period. The initial five years  can usually [...]

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