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Strategic Development Plot Near Tenerife North Airport

€9,700,000

San Cristobal de La Laguna, SANTA CRUZ DE TENERIFE, Spain

  • 10,000 m²

    plot

  • Land

    property type

  • 2 weeks ago

    listed

The Habio take

AI summary

This expansive plot of 10,475 m² offers significant development potential, ideally located just 200 metres from Tenerife North Airport in San Cristobal de La Laguna. Its strategic position allows quick access to Santa Cruz, La Laguna, and the rest of the island, making it suitable for various commercial, industrial, and leisure projects.

  • investment
  • commercial
  • logistics
  • airport
  • new build

Highlights

  • Strategic location near Tenerife North Airport
  • Large plot size of 10,475 m²
  • Buildability of up to 20,754 m²
  • Capability for commercial, industrial, and leisure projects
  • High visibility and foot traffic due to nearby amenities
  • Existing building licence available

Worth knowing

  • High initial investment required
  • Zoning restrictions may apply
  • Specific types of developments may need additional approval

Good fit for: Ideal for investors looking to develop large-scale projects in a growing area.

Lifestyle scores

Beach
0
Walkable
70
Remote work
60
Family
0
Retirement
0
Airport access
95
Investment
85
Luxury
0
Value
70

About this place

This impressive plot is for sale with a total area of 10,475 m² and a buildability of up to 20,754 m², making it an excellent investment opportunity. Located approximately 200 metres from Tenerife North Airport, the site is positioned for easy access to major routes, being just 10 minutes from Santa Cruz de Tenerife and 5 minutes from La Laguna.

The plot is suitable for commercial, leisure, and industrial uses, with an existing building licence. It can accommodate approximately 1,091 parking spaces and allow for a maximum of six storeys, presenting opportunities for various developments such as airport-linked parking, franchises, shopping centres, leisure facilities, warehouses, or logistics centres.

Situated in an area already featuring well-known brands such as McDonald's, Aldi, and Nacex, the plot benefits from high visibility and consistent foot traffic. The strong demand for commercial services in the area add to its attractiveness for investors seeking to tap into one of the most promising locations in Tenerife North.

Where you’ll be

San Cristobal de La Laguna, SANTA CRUZ DE TENERIFE, Spain

Location is approximate — exact address is confirmed by the agent.

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Buying property in Spain

Full guide →

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

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