Exclusive property in Las Caletillas – Investment opportunity or unique private residence in prime coastal location

This extraordinary property in Las Caletillas, Candelaria offers a rare opportunity to acquire an exclusive estate in close proximity to the sea. The building was completely renovated until 2018 and has been continuously maintained and modernized since, so it is in like-new condition. Recent improvements, such as the installation of additional kitchens in individual housing units, underscore the high quality and versatile usage possibilities of this property. Currently, the estate is divided into eight fully independent housing units, each with its own terrace or balcony. However, due to the well-thought-out architecture, the property can be easily transformed back into a spacious single-family villa with minimal effort, making it particularly attractive for both investors and owner-occupiers. Besides being used as a multi-family house for long-term or tourist rentals, the estate offers another extraordinary possibility: a large, light-flooded room with a sea view, ideal as a seminar or training room. This unique feature makes the property not only an exclusive residential object but also an ideal location for events, workshops, or retreats—a concept rarely found in Tenerife. Each housing unit has a private terrace or balcony, providing the highest level of privacy. The outdoor areas include sunny gardens, spacious terraces, and a solarium that allow for spectacular sea views, perfectly rounding off the relaxed living in this unique environment. The high demand for rental properties in this region also ensures stable value development and attractive yield opportunities. The location is particularly noteworthy, as the property is situated in the first sea line, yet at a safe height above the sea, which not only guarantees a breathtaking view but also provides a protected location—a rare combination in Tenerife. The surroundings combine the tranquility of a charming coastal town with optimal infrastructure that ensures quick access to the island's capital, Santa Cruz de Tenerife. The promenade and the sea are just a few steps away and invite you to take long walks. At the same time, the nearby highway offers quick connections to the airport and other central points on the island. In the immediate vicinity are beaches, restaurants, and shopping opportunities, providing a perfect blend of nature, recreational activities, and urban comfort. The year-round mild climate makes this region particularly attractive both for personal use and as an investment location. Whether as a high-yield investment property, exclusive coastal residence, or unique seminar and training location—this property combines all the prerequisites for exceptional use. The unique combination of a prime location, flexible design, and excellent condition makes it a particularly valuable opportunity in the Tenerife real estate market.