House for sale in San Agustin, San Agustín

About

Famous rooftop restaurant with Seaview, long time clientèle in sunny Gran Canaria. Located in San Agustín, Gran Canaria, this is a rare opportunity to acquire a legendary and highly profitable restaurant with an outstanding reputation, successfully operating for over 40 years. The current owner is retiring, making this iconic establishment available for sale. Gran Canaria enjoys year-round tourism, with a strong and consistent flow of visitors from key European markets, particularly Germany, Scandinavia, the United Kingdom, and Ireland. This ensures a stable customer base throughout all seasons.Renowned both locally in San Agustín and within the Scandinavian community in Gran Canaria, this restaurant is a true landmark — trusted, well-known, and loved for decades. It also presents strong potential to be repositioned as a modern sports bar or live entertainment venue with daily events. Events & ExperienceA well-established destination for thousands of guests, the venue regularly hosts:✔ Weddings✔ Live sports screenings (including the Olympics and major international events)✔ Eurovision nights✔ Christmas buffets✔ Midsummer celebrations✔ Birthdays and private events✔ Live bands and entertainment nightsDaily live music creates a vibrant atmosphere, enhanced by breathtaking ocean views. Key Highlights✔ Proven Track Record – Over 40 years of continuous successful operation with strong, verifiable financial performance✔ High Turnover – Approximately €600,000 generated in just 6 months✔ Prime Location – Excellent visibility, high foot traffic, and strong tourist demand✔ Large Capacity & Flexible Layout✔ Total Surface: 460 m²✔ Interior: 220 m² (capacity for 150 guests)✔ Terrace: 240 m² (capacity for 100 guests)✔ Strong Brand & Loyal Clientele – Established reputation with affluent repeat customers✔ Fully Turnkey Operation – Fully equipped professional kitchen with trained staff in place✔ Entertainment License – Live music permitted indoors and outdoors✔ Significant Growth Potential – Expansion opportunities through private events, catering, and extended opening hours Monthly Costs✔ Interior community fee: €500✔ Terrace fee: €320With immediate cash flow, strong margins, and a fully operational structure, this business represents an exceptional investment opportunity for experienced operators or investors seeking a stable and scalable asset in one of Gran Canaria’s most desirable coastal areas. Serious inquiries only. Financial details and additional information available upon request.

Property information