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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

  • 1 week ago

    listed

The Habio take

AI summary

This 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.

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Buying property in Spain

Full guide →

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

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