Prime Commercial Land in Playa Paraíso with Development Potential

EUR €8,900,000 (USD $10,359,076) *current conversion
Adeje, CN, 38678, Spain

Property Highlights

  • Prime location in Playa Paraíso tourist area
  • Large 5,000 m2 plot with building license
  • Project includes 9,000 m2 mall with underground parking
  • Planned pedestrian avenue with palm trees
  • Top-floor terraces ideal for restaurants with views
  • Infinity pool planned with island sunset views

Overview

ATTENTION INVESTORS!
Incredible plot in the heart of Playa Paraiso with the project of a large shopping center with a construction license!
It would be possible to buy the plot or participate in an investment with the owner.
“Here, one day, someone will do something spectacular.” “This place is unique and has enormous potential…” Words like these are easy to hear when you take a walk around Playa Paraíso.
A place that makes you fall in love with its beauty and with a very unique power of attraction that never goes unnoticed, in the area of greatest tourist development in the Canary Islands, right next to the Hard Rock Hotel, as well as the majestic Bahía Príncipe Sunlight Costa Adeje and the new H10 Atlantic Sunset.
Playa Paraíso was also the micro-tourist destination with the best indicators in 2021, registering a 117% increase in overnight stays compared to the previous year, going from 315 to 690,000. Very soon, the road will open that will link Playa Paraíso directly to the luxurious area of La Caleta, about 2 km away, the point that will give an extra touch to its appeal.
Paraíso Mall is a project with 9,000 m2 built that includes 2 buildings, with 3 floors each, plus 2 floors of underground parking and premises that will connect the buildings. Approximately 7400m2 of commercial premises. On the surface, a nice pedestrian avenue with palm trees to be able to connect from one side to the other. The premises on the top floor are ideal for restaurants with large terraces, lounges and there is even a large Infinity pool planned, perhaps for a social club with incredible views of the island of La Gomera and the unique sunset spectacle every evening.
Total land area: 5,000 m2.
Buildable area: 1.00 m2/m2. Maximum occupancy: 50%.
Height: 3 floors of 3.50 m each.
Use: commercial / hospitality.
The land is also available for rent for €65,000/month and a minimum contract of 30 years.
Asten Realty reference: 7844.

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Property Features

Adeje, CN, 38678, Spain offers the following features:

Living Area: 79653.6sf
Property Type: Single Family
Status: Active
Reference ID: 7844

What's Nearby

Local businesses near Adeje, CN, 38678, Spain:

School: < 1 mile
Grocery/Shopping Center: < 1 mile
Public Transportation: < 1 mile
Gym: < 1 mile
Hospital: < 1 mile
Police Station: 2.1 miles

Map