Urban land for residential development in Santa Cruz de Tenerife
€820,000
~264 m² Plot surface
Completion expected September 2026
Description
An investment opportunity is presented involving urban land located in Santa Cruz de Tenerife, in the Cruz del Señor area, with an established setting and potential for the development of a residential and mixed-use real estate project.
The property is marketed as urban land, with added value in the form of a preliminary architectural project that makes it possible to visualize a potential development strategy for the plot.
The submitted project comprises a building with 15 residential units and 15 parking spaces, reaching an estimated total projected built area of approximately 1,380 m². The architectural proposal distributes the development across several above-ground floors, in addition to two levels designated for parking, creating a residential-use property. The units feature different layouts and floor areas, while the upper floors also include outdoor spaces such as terraces.
This is an opportunity to develop a bespoke project. The asset’s main appeal lies in the possibility of acquiring the land and, based on the existing architectural documentation, studying a development strategy tailored to the investor’s profile and objectives.
If interested, the architects who developed the proposal may work with the future owner to assess its potential continuation, adaptation, or development.
A consolidated and strategically connected urban location
The Cruz del Señor neighborhood, in the Salud-La Salle district of Santa Cruz de Tenerife, is a consolidated urban area close to the city center. Its location around Tinguaro and Nivaria streets places it in a residential area with all the services needed for everyday life.
One of its main attractions is its proximity to the Cruz del Señor tram stop on Line 1, which connects Santa Cruz de Tenerife with La Laguna. The area is also served by several TITSA bus routes, facilitating travel both to central Santa Cruz and to other municipalities.
The surrounding area offers a wide range of shops and services: supermarkets, pharmacies, banks, restaurants, cafés, bakeries, and small businesses. Educational and healthcare centers are also nearby, as are everyday-use spaces such as Cruz del Señor Square and Church, making this a functional neighborhood with activity throughout the year.
Connections to the area’s main roads provide easy access to La Salud, Los Gladiolos, El Perú, La Cuesta, Finca España, and La Laguna, while central Santa Cruz is just a few minutes away. All of this makes Cruz del Señor a location combining connectivity, services, and established urban development, particularly attractive for a newly established residential project.
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