New-Build Properties in South Tenerife

South Tenerife concentrates the archipelago's most active new-build developments in 2026: Abora by Metrovacesa in Playa Paraíso, premium residentials in Caleta de Adeje, off-plan penthouses in Roque del Conde and low-density villa projects in Madroñal del Sur. DOM Tenerife Real Estate is appointed commercial agent for several new-build projects and advises directly with the developer on terms, schedule, finishes and payment plan. Buy off-plan, under construction, or turnkey based on your profile.

Featured new-build developments

Abora — Metrovacesa · Playa Paraíso: premium oceanfront residential, 1-3 bedroom apartments with sea views, communal pool and gym, parking and storage. Estimated handover 2027. Reservations open. Residencial Caleta de Adeje: villas and penthouses with private pool on individual plot, 250-400 m² built, established zone with services. Costa Adeje new-build: boutique 10-20-unit developments in Torviscas and Roque del Conde, high-end finishes and south orientation. Roque del Conde: villas with private garden and pool on larger plots, family-resident profile.

Why buy off-plan with DOM Tenerife

Buying new-build in Tenerife requires understanding the developer's payment schedule (typically 20% reservation + first instalment, 10% quarterly during construction, 50-60% at handover), the bank guarantees for amounts paid on account (mandatory since 1968 — Spanish Law 38/99), the actual finishes versus project specifications (material selection pre-handover) and provisional community fees until the owners' association is formally constituted. DOM Tenerife advises from reservation to handover, finish-quality review at pre-delivery visit, simple-note reading and registry constitution. HNWI advisory in five languages (Spanish, English, French, German, Russian).

Advantages of new-build in south Tenerife

Energy efficiency: 2026 developments comply with CTE 2019, with class A or A+ energy certification. Aerothermal climate control, rooftop solar panels, superior thermal and acoustic insulation. Finish customisation: flooring, sanitary ware, kitchen countertops and interior carpentry are chosen at the developer's showroom during construction. 10-year guarantee: 10 years on structure, 3 on habitability, 1 on finishes — mandatory under Spanish Building Ordinance Law. IGIC 7% taxation: Canary Islands' IGIC replaces mainland VAT at 10% — direct fiscal saving of 3% on the price for the end-buyer.

Frequently asked questions

What is the price range of new-build in south Tenerife?

From €350,000 for a 1-bedroom apartment in second-line in Playa Paraíso or Costa Adeje, €480,000-700,000 for 2-3 bedroom apartments with sea views, €950,000-€1.8M for penthouses or villas in premium complexes. Frontline new-build (when available) ranges €1.2-3.5M.

How does off-plan reservation work in Tenerife?

Initial reservation is typically €6,000-15,000 and locks unit + price for 60-90 days while you sign the private purchase contract (CPCV). At CPCV signing you pay the remaining 20-30%. During construction, 10% instalments per milestone (structure, envelope, MEP). The remaining 50-60% at handover, simultaneous to public deed signing. All amounts paid on account are guaranteed by bank guarantee or insurance (Law 38/99).

Can I customise finishes in the new-build?

Yes. Once the CPCV is signed, the buyer accesses the developer's showroom to choose flooring, sanitary ware, kitchen countertops and fitted furniture within the project's options. For off-catalogue customisation (e.g. specific marble, additional climate control, layout modification), it's quoted as an upgrade and invoiced separately. DOM Tenerife accompanies you to showroom visits.

What taxes apply to new-build in Tenerife?

IGIC 7% (Canary Islands General Indirect Tax, replaces mainland VAT) plus AJD 1% (Documented Legal Acts). Notary and registry: 0.5-1% of price. Approximate total taxes: 8.5-9% of declared price. Compared with 10-11% VAT + AJD in mainland Spain, south Tenerife offers a direct fiscal advantage.

What happens if the developer delays handover?

The CPCV specifies estimated handover with a typical 3-6 month margin. If delay exceeds the contractual margin, the buyer can demand contract resolution with refund of amounts paid plus interest, or accept extension with negotiated penalty. Bank guarantees cover amounts on account in case of developer insolvency. DOM Tenerife reviews the CPCV before signing so the buyer understands every clause.