Urban Plot in San Miguel de Abona, for sale

Urban plot with commercial - industrial classification, in the south of the Island of Tenerife, in Las Chafiras

686m2 plot (15 x 45 m): buildable above ground level 728 m2 + 436 m2 below ground (basement).
Permitted uses: commercial, office, industrial (except category 1), entertainment, meeting rooms, religious, cultural and educational, garage space, agricultural premises.
Flat terrain (no excavations). Ideal for 500m2 type industrial warehouses

With easy access, well connected and very good location; close to the municipalities that promote the economy on the island.
Next to the southern highway (TF-1), 6,5 km. from TFS Airport and 12 km. from the Granadilla harbour and close to the main tourist centers.

In a developed area, with large shopping centers, supermarkets, gas stations, industry and large established companies such as Ikea, Conforama, Mercadona, Lidl, AB InBeV, Europastry... Consolidated adjacent residential area.
It is a ‘Zone of Great Tourist Affluence’, thus enjoying exceptional treatment in terms of opening hours and opening days of the commercial offer, mainly on Sundays.

The existing infrastructure is in the process of expansion and has for these years a budget of 33 million euros, which includes two links, one in Oroteanda (West access) and in Las Chafiras (East access), a service road between both links and the third highway lane.
Several large-scale works are under construction: shopping center (15.000 m2 of commercial and 1.000 parking lots), health center, sports center and other public facilities.

High demand in the area, guaranteeing an excellent investment opportunity.
Best taxation in Europe:
Canary Islands Special Zone (ZEC): Company Income Tax at reduced rate of 4%
Suitable for Reserve for Investments in the Canary Islands (RIC): up to 90% reduction in Corporation Tax / Personal Income Tax.

Details

• Type: Urban Plot
• Transaction: For sale
• Province: Santa Cruz de Tenerife
• Town: San Miguel de Abona
• Plot size: 686 m²

Extras

Urban plot with commercial - industrial classification, in the south of the Island of Tenerife, in Las Chafiras

686m2 plot (15 x 45 m): buildable above ground level 728 m2 + 436 m2 below ground (basement).
Permitted uses: commercial, office, industrial (except category 1), entertainment, meeting rooms, religious, cultural and educational, garage space, agricultural premises.
Flat terrain (no excavations). Ideal for 500m2 type industrial warehouses

With easy access, well connected and very good location; close to the municipalities that promote the economy on the island.
Next to the southern highway (TF-1), 6,5 km. from TFS Airport and 12 km. from the Granadilla harbour and close to the main tourist centers.

In a developed area, with large shopping centers, supermarkets, gas stations, industry and large established companies such as Ikea, Conforama, Mercadona, Lidl, AB InBeV, Europastry... Consolidated adjacent residential area.
It is a ‘Zone of Great Tourist Affluence’, thus enjoying exceptional treatment in terms of opening hours and opening days of the commercial offer, mainly on Sundays.

The existing infrastructure is in the process of expansion and has for these years a budget of 33 million euros, which includes two links, one in Oroteanda (West access) and in Las Chafiras (East access), a service road between both links and the third highway lane.
Several large-scale works are under construction: shopping center (15.000 m2 of commercial and 1.000 parking lots), health center, sports center and other public facilities.

High demand in the area, guaranteeing an excellent investment opportunity.
Best taxation in Europe:
Canary Islands Special Zone (ZEC): Company Income Tax at reduced rate of 4%
Suitable for Reserve for Investments in the Canary Islands (RIC): up to 90% reduction in Corporation Tax / Personal Income Tax.