A unique investment opportunity! Plot for sale in El Médano, with an area of 3,225 m2. In this area of Tenerife, with a lot of attraction for its visitors, there is currently little supply of housing, especially new construction, so the high demand makes the investment very interesting. The plot is sold with the Basic Project of the "Residential of 59 apartments", drawn up by the prestigious architecture studio MAKIN Y MOLOWNY ARQUITECTOS, S.L.P., endorsed by the Official College of Architects of Tenerife, La Gomera and El Hierro, and registered in the Granadilla de Abona Town Hall with request for Urban Planning License. The Urban Planning License was requested from the Granadilla de Abona City Council on November 21, 2021. It is expected to be granted soon. Home sales can now begin.The project has all the sales records to market the apartments.The garage of the residential complex is located on a ground floor, already excavated in the plot. ADDRESS: Av. Juan Carlos I, 5 A, El Médano, Granadilla de Abona, Santa Cruz de Tenerife. DESCRIPTION: Plot: 3.225 m2. Nature: Urban.Boundaries: North, with a pedestrian promenade, with a length of 53 ml; South, with a length of 54 ml; This one, with a length of 62 ml; West, with a length of 50 ml. Total computable constructed area: 5.050 m2. The project develops a complex of 59 apartments (with 1-3 bedrooms, 1-2 bathrooms, living room, kitchen and open, large terrace).The residential has interior garden areas, an outdoor swimming pool with a solarium, as well as shaded areas for the rest of its neighbors. BASIC RESIDENTIAL PROJECT: The building, object of the project, meets the following parameters, according to the current application planning, in addition to the applicable particular ordinances. Land type: Developable. Land category: Urbanizable Sectorized Orderly. Global use: Residential. Building area: Open block. The residential project takes into account the following fundamental requirements: - All homes have an attractive view. - The homes are fully functional with simple designs and open, spacious terraces. - The interior garden common areas have studied landscaping. - The common areas have a swimming pool, solarium, rest areas and shaded areas. Price: €5.450.000 Reference: 8478.