Luxury Plot and Project - Varadero, in Tenerife

We present an unparalleled investment opportunity in the luxury market, located in the coveted Varadero area of Alcalá (Santa Cruz de Tenerife). This is a mixed-use plot of land for sale that includes a spectacular, already defined residential project, designed by the renowned architect Antonino Jorge Mejías.

The Project: Exclusivity, Design, and Ocean Views. The development is planned to house 55 luxury residences distributed across two four-story buildings. The entire complex has been designed to maximize ocean views and comfort.

• Top-notch amenities: The design includes two swimming pools that surround the entirety of each building, a communal solarium, and a gym.
• Premium Units: The ground floor apartments and the 10 exclusive penthouses feature private pools , private living areas, and underground parking. Furthermore, the penthouses have private elevators to ensure maximum discretion and exclusivity.
• Strategic flexibility: With the developer in mind, the project has separate access points, allowing the work to be carried out in two phases if necessary, facilitating viability and cash flow.

Technical Soil Data

• Plot area: 12,000 m2.
• Construction volume: Maximum construction area of 13,100 m2, with a buildability of 1.31 m2/m2 and a maximum occupancy of 40%.
• Distribution of uses: 10,000 m2 intended for residential use and up to 3,000 m2 of mixed use (commercial / residential), opening the door to additional income from commercial exploitation.

Economic Study and Profitability: This asset stands out for its highly lucrative financial projections and unbeatable acquisition facilities:

A perfect "turnkey" opportunity for investment funds or developers seeking guaranteed high returns in one of Spain s most sought-after destinations.

Contact us to access detailed architectural plans, renderings, and the complete financial breakdown.