Commercial for sale in Callao Salvaje, Adeje, Tenerife

Exclusive Investment Opportunity in Callao Salvaje: Tourist Apartment Complex with Sea Views
For sale set of two urban plots with tourist/residential development project in one of the most sought after areas in the south of Tenerife, next to the exclusive Sybaris Premium Villas complex, just 5 minutes from the sea and 10 minutes walk from the beach. You can buy them together or separately.
LOT 1 - Complex with Ready Studio Apartments + Expansion Potential
Location: First floor with independent access and possibility to install lift.
Condition: Completed construction of 8 studio flats, each with private terrace and en-suite bathroom. Some with frontal sea views.
There is the possibility of building 8 additional studio flats (project already planned).
LOT 2 - Urban land of 1.000 m2 with approved project.
Privileged location, lateral to Lot 1, with open views to the sea.
Partial project under development for 9 1-bedroom flats, with the option to transform them into 18 tourist studios.
Buildability: A total of 500 m2 can be built, with the possibility of building an additional 400 m2 in the future, either flats or other premises.
Outstanding characteristics
Consolidated residential area with high tourist demand.
Quiet and exclusive surroundings.
High profitability with growth projection.
Only 25 minutes from the south airport.
Possibility of reconverting into a mini tourist complex, aparthotel or holiday home, with high profitability either for long term rental and / or holiday.