Palma Real Suites is located in the peaceful area of Palm-Mar, just a short distance from Los Cristianos and only 15 kilometers from the airport. It’s an excellent investment for holiday rentals thanks to its privileged location. In Palm-Mar, you’ll find everything you need – restaurants, bars, grocery stores, a charming oceanfront promenade, cycling routes, and an exclusive beach club.
1
bedroom
2
bathrooms
66m2
Interior
23m2
Terrace
Price: 315.000€
1-bedroom apartment with 2 bathrooms in Block D, east-facing.
Palma Real Suites is an exclusive new development in the heart of Palm-Mar, offering 160 spacious 1- and 2-bedroom apartments spread over four elegant buildings. Designed as a botanical oasis, it features lush gardens, large swimming pools, including a dedicated children’s pool. The complex is fully gated, ensuring comfort and privacy.
Every apartment includes underground parking and a private storage room.
COMMUNITY POOLS
ELEVATORS
24/7 SECURITY
UNDERGROUND PARKING
STORAGE ROOM
GATED COMMUNITY
HOLIDAY RENTALS
Your questions, Our answers
Has the construction of the Palma Real Suites already started?
Yes, the construction is already underway.
Who is the developer of Palma Real Suites?
The developer is Palm-Mar Paradise, a company we’ve been working with since the very beginning of the Palma Real Suites project, as well as on other developments. We fully trust their professionalism and reliability.
What does the payment schedule look like when purchasing an apartment?
The payments are divided into several stages, with the final 30% due upon handover and signing of the title deed.
To each payment, 7% Canary Islands tax (IGIC) must be added.
Is it possible to rent out my apartment for short-term or holiday stays?
Yes, of course. You can manage it independently or take advantage of our dedicated rental management service, which includes check-in and check-out, cleaning, marketing, and guest acquisition.
We can also provide you with a personalized income projection based on expected occupancy and seasonal demand.
How can I receive more detailed information about the project?
You can contact us via email or phone, or schedule an online meeting or an in-person visit if you’re currently on the island.
How many apartments have been sold in Palma Real Suites?
More than 70% of the apartments in Palma Real Suites have already been sold.
What additional costs should I consider when buying a property in Tenerife?
For new developments in Tenerife, you should plan an additional 8–10% of the purchase price to cover taxes and legal costs.
These are standard one-time expenses when buying property in the Canary Islands:
IGIC (Canarian Tax) – 7% of the purchase price.
AJD (Legal Acts Tax) – 1% of the purchase price.
Notary & Land Registry Fees – €1,200–2,000 (approx.).
(Varies depending on the number of owners and pages in the Title Deed)
Are my payments fully protected and legally secured?
Your payments are fully protected by a mandatory surety insurance. This insurance guarantees:
Full refund of all amounts paid, including legal interest, in the unlikely event that the developer does not complete or deliver the property.
All payments are held in a special secured account, used exclusively to finance the project.
The insurance policy is issued individually for each unit and buyer, ensuring personal protection for every client.
This means your investment is fully safeguarded throughout the entire construction process.
The buyer does not pay any additional agency commissions – all fees are covered by the seller.
Is there an option to have the apartment fully furnished?
Yes. You will be able to select from furniture packages to personalize your home to your taste.
Can the prices increase in the future?
Yes. Property prices may gradually rise as construction progresses and demand grows. Purchasing early allows you to secure the best price and the most attractive units – with strong potential for value appreciation during the building phase.
You can always consult us for the latest price list and availability.
When is the completion of the construction planned?
The handover of Palma Real Suites is scheduled for April 2026.
