Investment land in Santa Cruz de Tenerife

3,690,000 €

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Key project parameters

Project description

Land for sale to construct a building with frontage to three streets.

Possibility of construction of basement for garage.

Currently it is allowed a closed building with 3 heights.

Ideal to build a clinic, a residence or a centre for the elderly due to its location.

There is a possible project available with the approval of the new plan.

IBI: € 2.698/year.

Asten Realty Ref: 7031

Tenants

Agreement: n/a

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annual yield: From 15-17%
investment exit horizon: 2–3 years
full support at every stage: Turnkey deal

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How we help investors

Analysing the needs

We use a methodology that enables us to formulate requests and find good deals in the market

Developing a strategy

We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment

Providing transaction support

We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account