Prime Commercial Plot with Extraordinary Potential in Adeje
€7,400,000
Adeje, SANTA CRUZ DE TENERIFE, Spain
5,000 m²
plot
Land
property type
2 weeks ago
listed
The Habio take
AI summaryThis unique 5,000 m² commercial plot offers exceptional development potential in Adeje, a key area for tourism in the Canary Islands. Its strategic location is near prestigious hotels, making it an investment opportunity not to be missed.
- investment
- beach
- tourism
Highlights
- 5,000 m² prime location
- High development potential
- Adjacent to major hotels
- Commercial and hospitality uses permitted
- Strategic investment opportunity
Worth knowing
- Significant investment required
- 30-year minimum rental contract may deter some investors
Good fit for: Ideal for investors looking to capitalise on tourism growth in the Canary Islands.
Lifestyle scores
- Beach
- 90
- Walkable
- 40
- Remote work
- 30
- Family
- 20
- Retirement
- 20
- Airport access
- 70
- Investment
- 85
- Luxury
- 80
- Value
- 50
About this place
This impressive 5,000 m² plot is situated in an area renowned for its beauty and potential, right at the heart of tourist development in the Canary Islands. Its proximity to iconic hotels such as the Hard Rock Hotel, the Bahia Príncipe Sunlight Costa Adeje, and the new H10 Atlantic Sunset enhances its attractiveness for commercial ventures.
The plot consists of two areas: one of 3,000 m² and another of 2,000 m², with a total project area of 6,821 m² above ground and a basement allocated for parking. The zoning allows for a maximum built-up area of 9,000 m², with a maximum occupancy of 50% and the possibility of constructing up to three floors at 3.5 m each.
With permitted uses encompassing commercial, hospitality, and leisure, this plot represents a strategic investment in the thriving tourism sector of the Canary Islands. Purchase options are available at €8,900,000, requiring a 10% deposit upon reserving the land, with the remaining 90% payable upon obtaining a construction licence. Alternatively, the land can be leased at €65,000 per month, with a minimum contract of 30 years.
Where you’ll be
Adeje, SANTA CRUZ DE TENERIFE, 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
