Building land for Sale

Urban plot of 2,319 m, ideal for a luxury residential development in one of the most sought-after areas of Tenerife. Located in Palm Mar, a quiet and upscale enclave in the municipality of Arona, this plot presents the potential for an exceptional return on investment, thanks to its panoramic views and proximity to the sea. The area is known for its exclusive ambience, quality services and easy access to beaches, golf courses and natural areas. The plot, with several strategic slopes, allows most of the planned homes to have stunning views of the sea and the island of La Gomera. This feature makes the units highly sought after options, as each residence will be able to offer a unique experience with an unparalleled landscape. The topography of the land ensures that most of the homes have privileged views, a factor that significantly increases their market value. With a buildable area of 1,391 m, this investment has an outstanding profitability margin, which in the units with direct ocean views will far exceed this average, ensuring a potential return of over 25%. Contact us for more information or any queries - we are here to guide you through the whole process!