Adeje Ocean Terraces
Adeje, Tenerife · Canary Islands
- STATUS
- Completion Q1 2028
- BEDROOMS
- 1–3 beds
- BUILT AREA
- 64–128 m²
- TERRACES
- 18–95 m²
- ENERGY RATING
- A
- DEVELOPER
- Not stated
About the development
Ocean-view apartments on Tenerife's south-west coast, with year-round sun. This is an example listing used while the site is being built: the project, its units and its figures are invented to show how a development page works.
Units and prices
- 1 bed apartment1 bed · 64 m² · terrace 18 m²€355Kavailable
- 2 bed apartment2 bed · 90 m² · terrace 26 m²€495Kavailable
- 3 bed penthouse3 bed · 128 m² · terrace 95 m²€790Kavailable
| UNIT | BEDS | BUILT | TERRACE | PRICE | STATUS |
|---|---|---|---|---|---|
| 1 bed apartmentMiddle floor | 1 | 64 m² | 18 m² | €355,000 | available |
| 2 bed apartmentMiddle floor | 2 | 90 m² | 26 m² | €495,000 | available |
| 3 bed penthousePenthouse | 3 | 128 m² | 95 m² | €790,000 | available |
Payment plan
| On contract (including reservation) | 30% | €106,500 |
| During construction | 20% | €71,000 |
| On completion, at the notary | 50% | €177,500 |
Amounts based on the lowest price in the development.
The listing states that payments before completion are covered by a bank guarantee or insurance. Your lawyer should check the certificate for each payment. How deposit protection works
How you are protected
Every stage payment guaranteed
Money you pay before completion must be covered by an aval bancario or insurance and paid into a special account used only for the construction. If the home is not built or not finished on time, you are repaid with interest.
- 10Structure · 10 yearsFoundations, beams, slabs and load-bearing walls, backed by the compulsory seguro decenal.
- 3Installations · 3 yearsDefects that affect habitability: waterproofing, plumbing, electrics, insulation.
- 1Finishes · 1 yearPaint, tiling, carpentry and fittings, claimed from the builder.
Liability periods under art. 17 of Ley 38/1999 (LOE), counted from the formal acceptance of the works. How guarantees and warranties work
What it costs to buy
| Price | €355,000 |
| IGIC (7%) | €24,850 |
| Stamp duty, AJD (1%) | €3,550 |
| Notary and land registry (estimate)estimate | €2,840 |
| Independent lawyer (estimate)estimate | €4,296 |
| Total cost | €390,536 |
About 10% on top of the price in Canarias. The Canary Islands charge IGIC instead of IVA. Lower IGIC rates exist only for a buyer's main home within value and income limits.
New-build purchase from the developer in Canarias, buyer without main-home reductions, as of 16 Oct 2026.Work out costs for another priceComparing with an older home? See the ten-year cost of new build vs resale
Letting this home
LETTING TO TOURISTS · CANARY ISLANDS
Register: Registro General Turístico, by declaración responsable to the island Cabildo (Ley 6/2025)
- Tourist use only where municipal planning expressly allows it.
- A home must generally be at least 10 years old (5 on El Hierro, La Gomera, La Palma and in depopulation-risk municipalities), so a new build cannot be let to tourists at first.
Town halls add their own rules and change them often. Confirm with the town hall and the regional tourism department before you buy. Position as of 16 Oct 2026. Tourist licences region by region
EVERYWHERE IN SPAIN
- In a building with a community of owners, a new tourist rental needs the community's express approval by three-fifths of owners and quotas (since 3 April 2025).
- Long-term lets follow the LAU: for an individual landlord a tenant can stay up to five years, and the deposit is one month's rent.
- Spain taxes rental income of non-residents at 19% (EU/EEA) or 24% (others) through IRNR.
Features
- Communal pool
- Sea views
- Lift
- Gym
- Gated community
- Underground parking
- Air conditioning