$866,999
Price decreased by $115,599 on Jul 21, 2026

Arucas Country House

  • 9 Beds
  • 7 Baths
  • 5,382 Sqft
  • 3.46 Ac lot
  • Updated: Today
  • 15
    Views for last 30 days

About the Property

7 rented homes · 14,000 m2 · Agricultural infrastructure · Extraordinary development potential Just 15 minutes from Las Palmas de Gran Canaria, we present a rare property on the current market: an investment asset that combines immediate profitability, established heritage, and enormous growth potential. Located in the natural surroundings of Barranco de Tenoya, this estate spans approximately 14,
7 rented homes · 14,000 m2 · Agricultural infrastructure · Extraordinary development potential Just 15 minutes from Las Palmas de Gran Canaria, we present a rare property on the current market: an investment asset that combines immediate profitability, established heritage, and enormous growth potential. Located in the natural surroundings of Barranco de Tenoya, this estate spans approximately 14,000 m2, mostly flat, offering an exceptional balance of nature, privacy, and proximity to the capital. It currently has seven fully rented homes, consisting of four one-bedroom apartments and three two-bedroom apartments, generating significant demonstrable monthly income, allowing the new owner to receive earnings from day one. While many investments take years to start producing profits, this property offers an exceptional advantage: acquiring a fully operational project with already consolidated income and extraordinary growth potential. The estate features valuable agricultural infrastructure, including: - A reservoir with an approximate capacity of one million liters of water - A second additional reservoir - A complete automatic irrigation system One of the most promising projects is the recent addition of approximately 400 young banana plants, carefully selected and imported from Tenerife. This plantation will gradually increase the estate’s productive capacity as the plants reach full development, also benefiting from existing subsidies for this type of crop in the Canary Islands. The property’s potential doesn’t end there. Despite this new plantation, a large cultivable area remains available to expand the operation with new plantings of bananas, avocados, or other high-value crops, always adapting to market needs. Next to the built-up area, there is also a completely flat clearing of approximately 800 m2, prepared to host new light constructions such as wooden houses, prefabricated modules, or residential containers, always in accordance with current regulations. This space offers interesting possibilities to further increase the productivity and overall profitability of the investment. Unlike many agricultural operations that require significant investments before starting to produce, much of that effort has already been made on this estate. The future owner acquires an operation with income-generating homes, valuable hydraulic infrastructure, and an agricultural project ready to continue growing in the coming years. Its excellent location, just minutes from Las Palmas de Gran Canaria, makes this property an exceptional opportunity for those seeking a solid heritage asset with demonstrable profitability and multiple development possibilities. This is not just a rustic estate. It is an investment with a present, a future, and extraordinary potential to continue generating value.
  • Property type

    Country House

  • Year built

    1984

  • Price/sqft

    $161

Explore the Area

Cardones-Tinocas, Arucas, 35411, Spain View on Google Maps
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Loto Real Estate S.u.

Joined 9 months ago
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Loto Real Estate S.u.
Spain
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6
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2025
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Loto Real Estate S.u.
Vecindario, Spain
View agency profile
Last updated
Today
First listed
Jul 4
Listing reference
0142/13228
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