The new lifestyle Hotel Tenerife. An opportune investment thanks to 12.18. Investment Management.

An exceptional location above the rooftops of Puerto de la Cruz. A historic villa with charm and flair. A five-star hotel that's in a class of its own. A magnificent fitness arena. Several restaurants serving local and international delicacies. A rooftop bar. A whopping 18,000 sqm area with breathtaking views of exotic gardens, the city, the sea and the Teide mountain range. That's what the new Lifestyle Hotel Tenerife has to offer.

Public areas and design.

Lobby/reception, spacious designed with subtropical garden, gastronomic areas, meeting and conference areas, wellness area with Balinese beds, fitness club with open-air area, roof terrace with bar and sea view, restaurants and chill-out area, extensive subtropical garden with an ambitious pool area, children's playground, parking spaces.

The interior design concept reflects Tenerife and the Canaries. Bright and airy materials combined with functional design to form a welcoming ensemble. The love for every detail is evident in all areas - whether it is spa, rooftop bar or rooms. Likewise, the entrance and lobby area of contrasting living areas and a warm welcome feeling. Woods of pine and oak from sustainable forestry together with warm cushions, fire places and coarse linen fabrics are combined with mineralized floors, mirrors and light/bright colors.

Overview of the main facts:

Location: Tenerife, Puerto de la Cruz. Y

ear of construction: 1975.

Acquired by 12.18. Investment Management: 2014.

Investment volume: 22 million euros.

Status: building permit granted.

Successful completion of revitalization

Property size: 20,200 sqm.

Building project: Three buildings with 203 rooms (Building A with 142 rooms and 2 suites, Building b with 45 rooms and 12 jr. suites, villa with 2 spa suites)

Infrastructure: Spa, 2 pools, 3 restaurants, 4 bars, meeting area.

Number of employees: 127.

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acquisition profile
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