Sea view
1785 m²
Bedrooms 
Description
Investment Opportunity – Resort & Residential Development Land on the West Coast of Gran Canaria (Agaete)
An exclusive opportunity to acquire and develop 1,230,000 m² of prime seafront land on the west coast of Gran Canaria, in Agaete – one of the Canary Islands’ most authentic and promising destinations.
The masterplan-approved land allows for the development of a luxury resort hotel, up to 558 villas and residential apartments, an 18-hole golf course, spa, restaurants, commercial areas, panoramic viewpoints, and direct access to two semi-private coves. The site benefits from 1.2 km of unique seafront frontage.
Project Highlights
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Total land area: 1,230,000 m²
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Sector 5-A “Las Moriscas Turístico”: 200,000 m²
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Sector 5-B “Las Moriscas Residencial”: 310,000 m²
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Sector EQ-14 “Maritime & Leisure Park El Juncal”: 280,000 m²
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Rustic land with beaches, gardens, promenades & ravines: 440,000 m²
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Approved uses under General Urban Plan:
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Up to 558 villas & apartments (80% detached villas, 20% townhouses).
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Hotel resort: 380 beds (expandable to 500), 11,400 m² buildable.
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18-hole golf course with sea views.
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Commercial, F&B and leisure spaces.
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Two semi-private coves: Playa del Juncal & Caletón Grande.
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Strategic Advantages
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Prime location in Agaete, away from mass-tourism, ideal for upscale projects.
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Scarcity of comparable coastal land in the Canary Islands.
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Integrated resort concept: hospitality, residential, golf, wellness & lifestyle.
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Strong tourism demand: Gran Canaria receives over 4M visitors annually, with average occupancies above 80%.
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Proven benchmark: Hotel Jardín Tecina & Tecina Golf (La Gomera) show the viability of this model in the Canaries.
Investment Potential & ROI
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Residential Sales (558 units):
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Expected prices: €600,000 – €1,200,000 per unit.
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Gross revenues: €350M – €500M.
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Hotel Resort (380–500 beds, 11,400 m²):
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Annual ROI: 7% – 10%, depending on management model.
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Annual revenues: €15M – €20M.
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Golf Course + Spa & Wellness:
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High-margin amenities, increasing average spend & length of stay.
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Commercial Areas (F&B, retail):
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Rental income: €1M – €2M annually.
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Global ROI Estimate:
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12% – 18% annual return in stabilized operation.
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Significant long-term capital appreciation.
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Conclusion
This project is one of the last large-scale resort & residential development opportunities in the Canary Islands, offering:
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Prime location with 1.2 km of seafront.
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Diversified income streams (residential, hotel, golf, wellness, retail).
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High ROI with both operational income & capital gains.
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Approved planning & institutional support.
Agaete’s coastal expansion positions this development as a landmark resort destination, set to attract premium international demand and deliver outstanding returns.
Contact us for full documentation, financial projections and acquisition terms.
Swimming pool 
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