Building Plot for sale in Palm-Mar, Arona, Tenerife

We present an exceptional investment opportunity in Palm-Mar, one of the most exclusive and rapidly growing areas in the south of Tenerife. This spacious urban plot, formerly used for an water park, is located in a strategic position in the heart of the residential core of the development, a few minutes from the sea and with excellent access.
The land is classified as Urban Land – Ordinance B-5 Sports Zone, which allows the development of sports and recreational facilities, such as courts, tracks, pools, wellness center, fitness spaces, as well as complementary buildings: changing rooms, showers, toilets, cafeteria, administrative areas and other auxiliary services. This makes the property a solid base for a high-level sports, leisure or wellness project, perfectly aligned with the international profile of Palm-Mar.
The plot allows detached construction, with a maximum buildability of 0.35 m²/m², a height of 7 meters and a single floor, enabling the development of broad horizontal complexes, ideal for sports clubs, paddle/tennis centers, premium gyms, recreational parks or health and wellness centers. The setbacks of 5 m to the main road and 3 m to boundaries ensure privacy and a comfortable, spacious architectural layout.
Its size, configuration and accessibility, together with the scarce supply of similar spaces in the south of the island, convert this plot into a asset with enormous potential, capable of attracting both resident and international visitor audiences.
A unique opportunity to develop a singular project in one of Arona’s most projected enclaves.

Allowed uses (key B-5 sports zone)
According to the deed, Article 71 – Permitted use:
Sports facilities:
• Courts
• Pools
• Gyms
• Sports clubs
• Outdoor courts
• Etc.
Complementary facilities:
• Changing rooms
• Showers
• Toilets
• Cafeteria
• Bar/cantry
• Administrative spaces
• Reception
• Storerooms
Key interpretation:
Although the main use is sports, the regulations allow auxiliary buildings, cafeteria and services, which greatly expand the commercial possibilities.