San Miguel de Abona, Canary Islands
Exceptional industrial asset in southern Tenerife: location, scale, and profitability in the business hub of Las Chafiras
Price
€10,600,000
Exceptional industrial asset in southern Tenerife: location, scale, and profitability in the business hub of Las Chafiras
Description

Engel & Völkers Santa Cruz de Tenerife
Your advisor: Carlota Dueñas
Property ID: W-049HHI
Object type
Site
Plot surface
~4,531 m²
Building restrictions
None
Location: San Miguel de Abona, Canary Islands
Las Chafiras is today one of the most important and dynamic business hubs in southern Tenerife. Located between the municipalities of San Miguel de Abona and Granadilla de Abona, the area emerged as a strategic industrial estate linked to the tourism-driven growth of the south of the island. Its location provides direct access to the TF-1 motorway, Tenerife South Airport, and the main tourist centers such as Los Cristianos, Costa Adeje, and El Médano. This geographic position makes it a natural logistics point for distribution, wholesale trade, and business services. Over the years, it has evolved from a traditional industrial area into a truly multifunctional economic district. Over the last decade, Las Chafiras has undergone a major process of urban modernization and infrastructure improvement. Expanded access routes, reorganization of heavy-traffic flows, road upgrades, and improved services have transformed the area into a highly operational business environment. Today it brings together official dealerships, large retail outlets, logistics operators, specialized warehouses, construction companies, food distribution firms, and corporate headquarters. High daily activity generates a constant flow of professionals, carriers, and customers, consolidating a stable economic ecosystem with sustained demand for industrial and commercial space. At present, Las Chafiras is regarded as the true business nerve center of southern Tenerife, where industry, logistics, and specialized retail converge. The shortage of available industrial land in the south of the island has significantly increased the strategic value of assets located in this area. Its proximity to high-spending tourist areas, together with its operational capacity for large retail and logistics formats, positions it as one of the strongest industrial real estate markets in the Canary Islands. For companies and investors, it represents a well-established, highly visible environment ready for large-scale operations with long-term growth potential.
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