Plot Amazing Luxury Area, Palm Mar, Tenerife

Land for Sale in Palm-Mar, South Tenerife

Discover the perfect opportunity to invest in one of the most exclusive areas of South Tenerife. This residential urban plot of 2,319 square meters offers incredible potential to develop six independent luxury villas. With a buildability of 0.7 m³/m² and a maximum occupancy of 25%, it is possible to build 7 luxury homes/villas. Featuring impressive ocean views!

Why is this a fantastic investment with very high returns?
- Check and verify prices in the area, including buildable land, apartments, and luxury villas.
- The sale price per square meter of this plot is half that of other offers in the area.
- You can choose to carry out the project and build 7 luxury homes/villas, which can be sold for €800,000 each.
- You can divide the plot into 7 parcels of 300 square meters each and resell them at double the purchase price.
- You can buy without doing anything, apply for permits, and resell for 50% more in two years.

If you don’t believe me, check it out!

Located in Palm-Mar, a luxury residential area known for tranquility and all necessary services, this land is on a street surrounded by luxurious villas. Its proximity to beaches and natural surroundings adds invaluable value to this property, ideal for investors, construction companies, or developers seeking high returns.

Don’t miss this unique opportunity to create a residential development in a strategic location with high demand for housing and services. Contact us now!

Price
€1,595,000
€688/m²

Basic Features
- Total land area: 2,319 m²
- Minimum sale area: 2,319 m²
- Buildable area: 1,000 m²
- Urban road access
- Distance to nearest town: Within urban area
- Urban status: Urban (plot)
- Residential single-family (villas)
- 2 buildable floors

Location
Calle la Golondrina 23, Palm Mar, Arona
District: Palm Mar
Arona, Santa Cruz de Tenerife