Penthouse for sale in Palm-Mar, Arona, Tenerife

Four Atlantic-facing terraces and 140 m² of outdoor space define this 231 m² penthouse in Palm-Mar. Four bedrooms, three en-suite bathrooms, a dressing room and a private lift integrated within the residence itself.

The residence

The 231 m² of built area are laid out across four bedrooms and three full en-suite bathrooms—an unusual configuration in the south of the island, where most penthouse stock sits at two or three bedrooms. The principal bedroom has its own dressing room. The property is sold fully furnished, with a fitted kitchen and quality furniture already in place, ready to occupy without further work or expenditure.

One feature sets this property apart: it has a private lift integrated within the residence itself. This is rarely found in the local resale market and resolves accessibility between floors permanently—a consideration that carries weight when a home is bought for the long term or for multigenerational use.

The four terraces

The 140 m² of outdoor space is not a single platform but four separate terraces. That changes how the home is used day to day: outdoor dining can be separated from lounging, sun or shade can be followed through the day, and a private area can be reserved off the principal bedroom. In practice the exterior adds more than half a floor of additional living space across all twelve months of the year—entirely realistic in the southern Tenerife climate.

The setting: Palm-Mar

Palm-Mar occupies a particular position in southern Tenerife. It is a small residential settlement in the municipality of Arona, sitting at the end of its own access road. Tourist density is markedly lower than in Los Cristianos or Las Américas, and the resident profile is distinctly international and settled.

The settlement is bordered to the west by the Malpaís de la Rasca Special Nature Reserve, a protected area of volcanic lava fields and endemic tabaibal-cardonal vegetation, crossed by coastal footpaths leading to the Rasca lighthouse. For a buyer who values views and long-term quiet, that is a structural guarantee rather than a sales promise.

The beach is around a ten-minute walk from the property. The settlement has a supermarket, pharmacy and a selection of local restaurants. Los Cristianos and its ferry port are a few minutes by car, and the wider residential offering of the southern coast is equally close.

As an investment

Three factors underpin the value here. The first is the typology: a four-bedroom penthouse with 140 m² of terrace is scarce stock in Palm-Mar. The second is the physical limit of the settlement, contained between the nature reserve and the coast, which structurally caps future supply. The third is that the property is delivered furnished and ready to occupy, without the capital outlay and time lag a renovation demands.

Community fees run at approximately €170 per month and IBI at roughly €500 per year.

Frequently asked questions

How many bedrooms and bathrooms does the penthouse have?
Four bedrooms and three full bathrooms, all three en suite. The principal bedroom also has a dressing room.

How much outdoor space is there?
140 m² across four separate terraces, on 231 m² of built area.

Is a parking space included?
Yes. The price includes one underground garage space and a large storage room.

Is it sold furnished?
Yes. The property is delivered fully furnished, with a fitted kitchen and quality furniture already in place.

How far is the beach?
Approximately a ten-minute walk.

What are the running costs?
Community fees are around €170 per month and IBI approximately €500 per year.