Unique Investment Opportunity In Tenerife: Plot With Valid License And Approved Project In Candelari

This exceptional plot with registered building rights for sale in the sunny Candelaria valley, on Tenerife’s sought-after east coast. The 6,500 m² site is set in a peaceful, sunny area close to the sea and enjoys breathtaking views of the ocean and surrounding landscape.

On the property stands an existing main house of 373.77 m², which can be used immediately or incorporated into the new development project.
The building permit (granted in November 2023) is valid until October 2027 and allows for the construction of four modern detached villas – with the possibility to expand the project to five units if desired.
This property represents an excellent investment opportunity for developers seeking to create an exclusive, high-yield project in Tenerife.

Development Project & Investment Potential
-Approved project for 4–5 exclusive detached villas
-Authorised by the Municipality of Candelaria and the Island Council of Tenerife
-Generous plot layout with optimal sun exposure
-Excellent potential for holiday homes or premium residential use
-Existing infrastructure and good access

Location
-Peaceful and sunny setting in Candelaria
-Just a few minutes by car from the popular beach
-10 km to Santa Cruz de Tenerife
-3 minutes to the TF-1 motorway
-Tenerife North and South airports approximately 20 minutes away
-Bus stop directly in front of the property
The combination of proximity to the sea, excellent transport connections, and natural surroundings makes this property a rare opportunity on the island’s real estate market.

Key Features
-Large, level plot with sea views
-Existing main house included
-Building permit valid until 2027
-High development potential
-Ideal for investors or project developers

Further documents (plans, permits, photos, profitability analysis) are available upon request. We will be pleased to arrange a viewing on site.

Located on the eastern coast of Tenerife, the municipality of Candelaria is home to the Basilica of the Virgin of Candelaria, the general patron saint of the Canary Islands, making it one of the archipelago’s most popular places of pilgrimage, attracting thousands of visitors every year.
Although a large part of the municipality lies above the motorway and mostly features natural landscapes and several ravines, its seaside area is the most outstanding, both for its great cultural heritage that has preserved vestiges of the culture of the Guanches, the island’s aboriginal natives, and for its modern seafront promenade lined with bars and restaurants along its welcoming black sandy beaches and natural caves.
Thanks to its proximity to the capital Santa Cruz, only 20 km away, and its excellent location 25 minutes from each of the two airports of the island, south and north, Candelaria is an ideal place to live, far from the main tourist resorts, providing a high level of services without renouncing its traditional Canarian character.