Building Plot for sale in Teror, Gran Canaria

Urban plot for sale – Historic Centre of Teror (Calle Pérez Villanueva)

A unique development opportunity in the very heart of Teror’s historic centre, just a 2-minute walk from the Basilica of Nuestra Señora del Pino and Plaza de la Alameda.

Situated on one of the quietest and most sought-after streets in the traditional old town, this plot offers the perfect balance of heritage, premium location and outstanding building potential. The site is regulated under Ordinance B – Residential Between Party Walls in the Old Town, as well as the Special Protection Plan for the Historic Centre (PEPRI). An ideal plot for residential development or a high-return tourist investment.

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Frontage & depth

According to topographic plan:

Frontage: 5.81 m on Calle Pérez Villanueva
Depth: approx. 20 m (according to boundaries)
Regular geometry, ideal for construction

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Urban planning status

Classification: Consolidated Urban Land
Dominant use: Residential
Previous building: An old dwelling (42 m2 built, according to the Land Registry), now demolished. Rebuilding is permitted while maintaining traditional street alignments.

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Maximum plot coverage: 80%

→ Up to 80 m2 per floor

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Total buildability: 1.6 m2/m2

→ Up to 160 m2 above ground

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Maximum height: 2 storeys (7 m)

→ One additional storey permitted on the rear slope, provided the built depth does not exceed 12 m

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Basement permitted

→ May occupy 100% of the plot
→ Ideal for parking, storage or technical rooms

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Mandatory alignment

→ No setback from the street; façade must respect the historic character of the area

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What can be built here?

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1. Traditional-style detached home

Ground floor + first floor
Option for an additional level facing the ravine
Large traditional windows, internal patio and walkable roof terrace
Approx. 160 m2 built + basement

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2. Two independent dwellings

Perfect for living in one and renting the other.

Ground floor of 80 m2
Similar first floor
Full basement for storage
High rental demand in the historic area

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3. High-yield tourist development

Ideal for:

2–3 boutique holiday apartments
A small "urban rural house” concept
Loft-style suites with patio and terrace
Teror attracts thousands of visitors every week, and demand for tourist accommodation exceeds supply.

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Exceptional location

200 m from the Basilica del Pino and Plaza de la Alameda
Steps from the Town Hall, Health Centre and Historic Quarter
Quick access to transport, shops, services and public parking
Quiet, residential and highly desirable street
One of the most sought-after areas for both residents and visitors.

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Why this plot is an outstanding opportunity

Ready to develop from scratch
Clear and well-defined planning regulations (Ordinance B + PEPRI)
Higher buildability than the average in the historic centre
Strong potential for residential or tourist investment