Santa Cruz de Tenerife, Islas Canarias, Spain
Six-Bedroom House with Redevelopment Potential in Santa Cruz
€600,000
€1,446/m²
- 6
- Bedrooms
- 6
- Bathrooms
- 415 m²
- Interior
- House
- Type
- 3 weeks ago
- Listed
The Habio take
This spacious six-bedroom house offers a unique investment opportunity in Santa Cruz de Tenerife, with potential for transformation into multiple residential units. Situated in a well-established residential area, it presents an excellent prospect for investors and developers alike.
- investment
- renovation
- city
Highlights
- Six bedrooms and six bathrooms
- Potential for conversion into multiple units
- Independent access points
- Located in a sought-after residential area
- High investment and redevelopment potential
Worth knowing
- Current layout requires significant renovation
- Limited amenities in immediate area
Good fit for: Best suited for investors or developers looking for a transformative project.
Lifestyle scores
- Beach
- 50
- Walkable
- 65
- Remote work
- 70
- Family
- 75
- Retirement
- 60
- Airport access
- 80
- Investment
- 85
- Luxury
- 55
- Value
- 70
About this place
This property, spanning 415 m², is situated in a consolidated residential neighbourhood of Santa Cruz de Tenerife, making it ideal for investors, developers, or buyers with a vision for property transformation. Currently arranged over four levels, the house includes a garage space and features multiple independent access points, providing exceptional flexibility for various redevelopment projects.
Thanks to its vertical layout and spacious interiors, the property allows for exploration of subdividing into six independent apartments. With thoughtful renovation and optimisation of its spaces, the dwelling can be adapted for residential rental or transformation paired with subsequent sales of the newly created units. The existing garage level also holds potential for additional use within a comprehensive rehabilitation project, maximising the utility and investment potential.
In a market where housing availability is limited and demand consistently rises, properties with this structural configuration and independent access points are rare opportunities. This home is designed for those who can recognise and harness the value creation potential through thoughtful space transformation.
Getting around
- Excellent water quality
Nearest beach · Playa Valleseco
~11 min drive · 6.6 km
Tenerife Norte-Ciudad de La Laguna (TFN)
~10 min drive · 11 km
Approximate, measured from the property's area rather than its exact address. Drive times © OpenStreetMap contributors (OSRM); airports: OurAirports; bathing water: European Environment Agency, 2024 season.
Where you’ll be
Santa Cruz de Tenerife, Islas Canarias, Spain
- Nearest airport
- Tenerife (TFN)
- 7 km
- Also close
- Tenerife (TFS)
- 55 km
- Nearest city
- Las Palmas
- 92 km
Marker is the location supplied by the agency — approximate, and often deliberately so. The exact address is confirmed on enquiry. Distances are straight-line.
Buying 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
