Building with great residential and investment potential in El Fraile, Arona, with views of Mount Teide

Building with great residential and investment potential in El Fraile, Arona, with views of Mount Teide.

A unique opportunity in El Fraile, Arona: a complete urban building, without horizontal division, located on Calle Santa Cruz de La Palma, in a well-established area with high residential demand and excellent connections to the rest of the municipality and the south of Tenerife.

The property has a total constructed area of ​​approximately 425 m², distributed over two floors plus a rooftop terrace, making it a particularly attractive property for both residential use and real estate development.

The ground floor features a large open-plan space of approximately 200 m², currently used for commercial purposes, with two restrooms. Its open layout and size offer multiple possibilities for redistribution, making it especially interesting for investors looking to transform the space into several apartments, subject to compliance with current urban planning regulations, or to combine residential and professional use.

The first floor houses a spacious apartment of approximately 200 m², with a functional layout. It features five spacious bedrooms, a large dining room, a spacious living room, two balconies, and two interior patios, ensuring abundant natural light, cross-ventilation, and a high level of comfort. The property boasts views of Mount Teide, an added value that enhances its residential appeal.

The rooftop is accessible and offers the possibility of constructing an additional floor, opening the door to expanding the existing building area and maximizing the property’s potential, whether through new apartments, residential expansion, or a comprehensive development project.

Located in an urban setting with nearby services, shops, and transportation, and just minutes from strategic areas in the south of the island, this building represents an excellent opportunity for both large families and developers and investors seeking a versatile asset with significant size, location, and considerable appreciation potential.

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