Apartments for Sale
Get Inspired by Magnificent Views
of Ocen View Apartments
in town of Los Gigantes, Tenerife, Canary Islands, Spain
About the Project
Colonial Parque
Unique opportunity to buy an Ocean View Apartments in the town of Los Gigantes
Two Air Conditioner modules, one in each room
Free access to the private pool for our guests
The elevator leads to the 5th floor of the building
With a view of the ocean and a seating area
Underground parking can be rented or purchased additionally in the building next door.
Stunning Ocean View
The Colonial Parque Apartment Building, where the apartments are located is outside the main urban area on the highest street in the town of Los Gigantes. This is a completely unique location, high above the ocean, so each of the 10 apartments have stunning ocean view over the town of Los Gigantes.
7% Annual ROI
Investment Opportunity
The apartment is fully equipped and ready to move in immediately - ideal for both, residential living as well as an extra source of your overseas income. Can be offered as an accommodation for short and long-term vacationers. There is a shortage of vacant apartments in the area, so there are many people interested in long-term rentals that do not require a Special Tourist License.
Well Maintained Apartments
Apartments have undergone partial renovation. All of them have new and fully equipped kitchens, brand-new bathrooms and are air-conditioned by Daikin. The apartments have been run as a family business for the last 7 years with their own loyal clientele. The community offers its own management and cleaning service.
The apartments have original floor tiles and balcony doors, which were intentionally left there, taking into account the fact, that each of us has different preferences regarding the chosen materials and colors. We will be happy to help you with the detailing of your chosen apartment, as indicated in the attached study.
Even so, the apartments are a very cozy place to relax...
Iconic Rooftop Pool
It is an unforgettable experience to relax in one of the highest located pools with a view of the sky and with boasting 180-degree views of Los Gigantes. The pool is located on the 6th floor, where you can enjoy the sun all year round. Only apartment owners and tenants are allowed to use the pool.
Underground Parking
In case of your interest in underground parking space, we are cooperating closely with the developer of the Crystal I. and II. projects, where it can be purchased additionally.
Investment Opportunity - 7% Annual Return of Investment
Great Investment
Our apartments in Los Gigantes offer great potential for appreciation. Located in a developing area where two new residential projects are already raising property values. These nearby developments create expectations of accelerated price growth once completed.
8% Annual Growth
Market Trends in Tenerife
Tenerife is a great chance for smart investors…
Tenerife’s real estate market is growing steadily, with prices rising 8% annually, outpacing most of Europe. It offers stable returns and diverse opportunities, from luxury sea-view properties to charming homes.
7% ROI in Los Gigantes
Return on Investment
The rapidly developing town of Los Gigantes…
With the average price of a short-term rental in Los Gigantes being €95 per night, a medium-term rental (up to 3 months) being €1.650 per month and long-term rental being €1.200 per month the Return of Investment is 7% per year on your purchase price.
10,3% Price Rise Forecast
Apartment Rentals
The island’s climate attracts tourists all year around…
Prices are expected to rise by 10.3%. Coastal areas like Los Gigantes are particularly promising.
19% Increase in Asking Prices
The Real Estate Prices
The market in Tenerife is showing strong growth…
Asking prices increased by 19% from July 2023 to July 2024.
Smart Investing Reduces Risk
Do Your Homework First!
Research the market and consider the needs of digital nomads and expats…
Think about location, property type, rental income, and sustainability. Diversifying your investment can reduce risks.
€ 3 700 – € 8 500/m² Price Range
Varied Market
The average asking price in Tenerife is over €3,700 per square meter, but rapidly developing areas like Las Americas and Los Gigantes can go up to €6,700 per square meter. Then there are prestigious locations such as Los Cristianos, where the price of a renovated apartment is around €8,500 per square meter. This shows the market's varied and lively nature in 2025.
The above information is for informational purposes only and is therefore non-binding!
Source: www.renova-costa-adeje.com
From the SOUTH to the NORTH in just a few minutes!
The ERJOS TUNNEL
A True Real Estate Miracle…
The Erjos Tunnel in Tenerife is a significant infrastructural project that is going to be a "real estate miracle", that has the potential to greatly impact the Island's Real Estate Marketand economy.
Today, a trip from south to north takes you two to three hours, but in just a few years this will be a thing of the past! The new stretch of road will be 11.3 kilometers long and will join the north and south corridors of the island of Tenerife. The Erjos Tunnel, which stretches 5.1 kilometers, is the longest in the Canary Islands and stands out as Spain's first interurban tunnel with two separate tubes, is expected to be finished and functional in 2027.
The CRYSTAL building, stage I, located in the neighborhood of COLONIAL PARQUE.
G+DC visualization – stunning views from our appartments remain unobstructed
Booming Neighborhood
New development projects with luxury apartments are emerging in the neighborhood. One of them is Crystal II, where the price of one housing unit is well over half a million Euros. Such investments have positive impact on the entire community.
The second and final development project in this unique location at Los Gigantes is the construction of 8 highly luxurious apartments under the direction of the architectural and design studio G+DC, which are to be ready for sale in 2027. The entire project has been carefully integrated into the current residential area, so as not to obstruct the breathtaking ocean view to others.
Founder
Apartments for Sale
Available units for sale
We work closely with local banks, so if you are interested, we are able to provide you with some basic information about bank financing.
We guarantee you a commission in case you recommend a buyer to us!
A Bank Mortgage Makes It Accessible...
The average price of our apartment is €250 000. We strive to make the apartments we offer available to the widest range of potential buyers!
In May 2025, Spanish mortgage rates for residents range from 2,5% to 3,9%. Non-residents may face rates from 2,9% to 4,9%. Fixed-rate fall between 2% and 4%, depending on the lender and loan term. Variable-rate mortgages, often linked to the Euribor, can range from 3% to 4%.
Stylish Comfort with Expansion Potential
Prestigious Address & 3D Design Study for FREE
Our fully equipped apartments in Colonial Parque, Los Gigantes, are move-in ready and offer renovation, expansion, and turnkey furnishing services tailored to your needs.
Affordable Modernization & Expansion
All our apartments have undergone key renovations to ensure modern comfort and long-term value.
Recent upgrades include fully renovated bathrooms with new water and sewerage systems, as well as modern kitchens equipped with built-in appliances and premium Daikin air conditioning units.
Each unit is fully furnished, move-in ready, and ideal both for personal living or as a high-potential investment property with rental opportunities.
Easy Improvements
– Possible
The attached architectural study from a renowned studio outlines tasteful and functional upgrade possibilities. These include the replacement of original balcony doors with modern aluminum versions, installation of sun blinds, and new floor tiling for both interior and exterior spaces.
The study also proposes elegant redesigns of the interior layout—down to furniture choices, curtain styles, artwork, and decorative accessories—offering a curated and cohesive living space.
Adding Another Bedroom
– Possible
For buyers interested in additional space, the architectural concept includes an optional layout extension: the creation of an additional air-conditioned bedroom.
This thoughtful expansion is designed to integrate seamlessly with the existing layout, adding value and comfort without compromising the apartment’s original charm.
Curious how we transform apartments?
Complete A-to-Z Renovation
With years of hands-on remodeling experience, we will be happy to help you in every step—from technical supervision and site coordination to turnkey furnishing and décor.
Our colleagues are always there for you to show you our reference apartment, which we are currently renovating on a turnkey basis for one of our clients in the city of Los Cristianos.
About the Location
Welcome to Tenerife
Los Gigantes is the most popular and highly visited vacation spot in Tenerife, with a wide range of activities, shops and a beautiful historic centre.
The Town of Los Gigantes
The town of Los Gigantes developed in the 1960s following British investment, with a black sand beach, a marina and a natural pool. Los Gigantes is a town on the west coast of the Canary Island Tenerife. Its main feature are the giant rock formations, Acantilados de Los Gigantes, that rise from the sea to a height of 500–800 meters after which the town has been named, Los Gigantes means "The Giants".
First Come - First Served
Special Offer
The first three customers will receive a 10% Discount on the Purchase Price provided by the owner.
Ready to Seal the Deal?
Get in Touch
For more information, please contact our partner company, which has the exclusivity to present this project to the market.
Reality LoveTenerife
Avenida San Francisco, 12,323
38650 - Los Cristianos - España
If you make a purchase from us, you will automatically receive contact information for the cleaning company, accountant, and property manager, who ensures regular maintenance of your investment, which will extend its lifespan.
Our partner company will take care of all service from A to Z.
Your Satisfaction
is Our Priority
We will provide all the essential services to ensure your property purchase in Tenerife is smooth, secure, and hassle-free.
NIE Number
As a foreigner, you'll need an NIE (Número de Identidad de Extranjero) to legally purchase property in Tenerife. This is a unique identification number issued by the Spanish government.
Spanish Bank Account
A Spanish bank account is necessary to handle property transactions and manage associated expenses like taxes and utilities.
Reputable Agent and Lawyer
Engaging experienced professionals can simplify the process and protect your interests, especially for those unfamiliar with the Spanish system.
Legal Process
Understand the steps involved, including a preliminary reservation agreement, signing the purchase contract at a notary, and registering the property.
Due Diligence
Thoroughly check the property's legal status, licenses, and any potential burdens like mortgages or unpaid fees.
Additional Costs
Be prepared for costs beyond the purchase price, including property transfer tax, notary fees, and registration fees.
Finances
Plan your budget, including potential mortgage options, and have funds readily available for the purchase and ongoing expenses.
Local Market Understanding
Research different areas and understand the nuances of the Tenerife real estate market.
We will be happy to assist you with all of the above!