€ 7,400,000
Building Plot for sale in Guía de Isora, Tenerife
- 12000 m2
Description
We present an investment opportunity in the luxury market, located in the sought-after Varadero area of Alcalá (Santa Cruz de Tenerife). This is a mixed-use plot of land for sale that includes a defined residential project, designed by the architect Antonino Jorge Mejías.
The project: exclusivity, design, and ocean views. The development is planned to include 55 luxury residences distributed across two four-story buildings. The complex is designed to maximize ocean views and comfort.
Top-notch amenities: the design includes two swimming pools surrounding each building, a communal solarium, and a gym.
Premium units: the ground floor apartments and the 10 exclusive penthouses feature private pools, private living areas, and underground parking. The penthouses also have private elevators to ensure maximum discretion and exclusivity.
Strategic flexibility: with the developer in mind, the project has separate access points, allowing the work to be carried out in two phases if necessary, supporting viability and cash flow.
Technical soil data:
Plot area: 12,000 m2.
Construction volume: maximum buildable area of 13,100 m2, with a buildability of 1.31 m2/m2 and a maximum occupancy of 40%.
Distribution of uses: 10,000 m2 intended for residential use and up to 3,000 m2 of mixed use (commercial/residential), enabling additional income from commercial exploitation.
Economic study and profitability: this asset stands out for its financial projections and acquisition conditions for investors and developers.
(Architectural plans, renderings, and the full financial breakdown are available.)
Features
- Building Plot
- Plot: 12000 m2
- Energy Certificate (Emissions): G