Prime Development Plot for Villas in Candelaria, Tenerife
€600,000€78/m²
Santa Cruz De Tenerife, Canary Islands, Spain
7,694 m²
interior
7,694 m²
plot
Land
property type
Today
listed
The Habio take
AI summaryThis expansive land plot of 7,694 m² in Candelaria is approved for seven luxury villas, presenting an exceptional investment opportunity. Nestled in a tranquil area of Tenerife, the site is ideal for creating a sustainable living community themed around luxury and ecological design.
- investment
- rental income
- luxury
- garden
- beach
- quiet
Highlights
- Zoned for seven luxury villas
- Eco-friendly and sustainable living concept
- Approved development plans
- High rental demand potential
- Tranquil location away from mass tourism
- Expert developers available for joint ventures
Good fit for: Best suited for developers and investors seeking growth in the luxury real estate market.
Lifestyle scores
- Beach
- 70
- Walkable
- 50
- Remote work
- 60
- Family
- 70
- Retirement
- 80
- Airport access
- 80
- Investment
- 85
- Luxury
- 90
- Value
- 75
About this place
Discover a premier development opportunity with this 7,694 m² land plot for sale in Candelaria, Tenerife. Approved for the construction of seven luxury villas under the 'Villa Concept AZUL' project by OIKO sustainable villas, this plot serves as a promising canvas for eco-conscious luxury living. The intended villas will feature contemporary architecture, open-plan living spaces, and amenities such as heated private pools and unique edible fruit gardens, appealing to today’s environmentally aware clientele.
This investment not only offers a vision for beautifully designed residences but also caters to a growing market demanding sustainable living experiences. Located away from mass tourism, yet still within easy reach of the coast, shareholders can capitalize on year-round demand driven by Tenerife's long tourist season. The design emphasizes ecological materials and energy-saving systems, promoting a direct connection to the surrounding natural beauty while ensuring high rental returns from discerning visitors seeking a unique experience.
The location of Candelaria adds to the appeal, offering a genuine Canarian experience with its historical significance and charming ambiance. This tranquil coastal town features the Basilica de Nuestra Senora de Candelaria, picturesque promenades, and black volcanic beaches, making it a serene setting for future residents while promising robust financial prospects for investors.
Where you’ll be
Santa Cruz De Tenerife, Canary Islands, 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


