A unique investment opportunity in the south of Tenerife!
A plot of land with a total area of 5,000 m2 (two adjacent territories) is offered for sale.: 3,000 m2 and 2,000 m2) with a ready-made project of a new generation multi-level commercial center. The total building area is over 11,000 m2 on 3-4 levels, including 1-2 underground parking floors.
The site is located in the active tourism area of Playa Paraíso, just 3 minutes from La Caleta (Michelin restaurants area) and 5 minutes from the TF-1 motorway. In the near future, a new road will open directly connecting La Caleta with Playa Paraiso, which will significantly increase the traffic and attractiveness of the facility.
Playa Paraiso is one of the most promising destinations on the island with high tourist activity: in 2021, the number of overnight stays increased by 117%. Nearby are the hotels Hard Rock, Bahía Príncipe and H10 Atlantic Sunset.
Main Features:
Purpose: trade / hospitality / entertainment / services
Status: urban area
Allowed height: 3 floors of 3.5 m each
Total project area: 11.380 m2
Location: close to elite resorts and beaches
Ideal for creating a flagship commercial facility in one of the most dynamically developing areas of the Canary Islands.
