€ 330,000
Undeveloped Land for sale in La Orotava, Tenerife
- 3030 m2
Description
For sale together: a rustic-style property + a high-potential investment opportunity—an urban plot with a project for 20 residential units and 22 parking spaces. This rustic-style property, located at street level in La Orotava, is in an established area surrounded by all essential services and amenities. With a built area of 324 m², the property is laid out on a single floor and includes 4 huge rooms, 2 bathrooms, a fully equipped professional kitchen, and storage areas—providing everything needed to begin renovations immediately. It currently operates as a guachinche (a traditional local eatery) with a valid business license, allowing for immediate operation. Furthermore, the existing professional kitchen equipment—which is in good condition—is available for purchase. The property also features a pleasant outdoor entrance area, providing extra space and convenience. A key highlight is the potential to apply for a change of use (subject to technical feasibility, urban planning regulations, and municipal approval), making this an attractive option for various future development projects. Ideal for: Investors seeking a return on investment. Professionals in the hospitality sector. Entrepreneurs looking to launch a new business venture.
Urban plot: an investment and development opportunity. This 3030 m² urban plot offers significant potential for a residential development in one of the most desirable and sought-after areas of Tenerife. The land provides excellent possibilities for design and site utilization, with a project planned for 20 residential units. Its location in La Orotava offers a blend of tranquility, a residential atmosphere, and good transport links—making it an attractive prospect for individuals looking to build their own home, as well as for developers and investors. A versatile, strategically located plot with excellent potential for realizing a bespoke residential project. Its strategic location offers excellent visibility, accessibility, and a wide range of development possibilities, making it an ideal opportunity for a high-quality residential project—specifically, 20 townhouses with 22 garages.
Features
- Undeveloped Land
- Plot: 3030 m2
- Energy Efficiency Rating: In Progress