Commercial for sale in San Cristóbal de La Laguna, Tenerife

A multi-family residential building with mixed residential, parking, and commercial use is available for investment. Currently under construction, with 37% of the work completed, the building is 37% finished.

The property comprises one basement level (semi-basement) and three above-ground floors, topped with an inaccessible pitched roof. The functional program is as follows:

• Development with simultaneous permits for 72 apartments, 82 parking spaces, and 2 commercial units.

• 81 parking spaces as per plans

• Development with simultaneous permits for 46 apartments, 79 parking spaces, and 1 commercial unit.

• Percentage of work completed: 37%

With a defined project and construction underway, this allows for reduced timelines, optimized costs, and direct entry into an advanced stage of development.

This investment opportunity is ideal for:

Residential developers

Investment funds

Real estate investors

Development for sale or rental