Adeje is a municipality in southwest Tenerife, where the average annual temperature is 23°C (73°F), and the beaches are considered among the cleanest in the world. This, coupled with the ease of purchasing local property for foreigners, makes Adeje an attractive investment destination.
Features of Purchasing New Builds in Adeje
New housing in Adeje, sold by developers, is sold in accordance with Law 38/1999 (Edifice Ordenation Law), with a mandatory bank guarantee for the return of the deposit. Since 2023, all new buildings must have a Class A or B energy certificate.
Advantages of real estate in Adeje from a developer:
- 10-year developer warranty;
- Installments up to 60 months with a down payment of 30%;
- VAT 7% instead of 10%;
- Price increase by 8–12% during the construction period.
New Home Prices in Popular Areas of Adeje
According to the Colegio de Registradores (Q3 2025), the average price of new builds in Adeje is €3,420/m². Typical properties range from 45–55 m² for studios, 75–95 m² for 2+1 apartments, and 180–250 m² for villas.
Average price of new residential complexes in Adeje:
| District | Object type | Price €/m² |
| Costa Adeje | Apartment 2+1 | 3800–4200 |
| Playa de Fanabe | 3+1 penthouses | 4100–4600 |
| La Caleta | 4+1 villas | 3600–3900 |
| El Madroñal | 3+1 townhouses | 2900–3200 |
| Taucho | Cottages 120 m² | 2650–2850 |
The Best Areas for Buying Property under Construction in Adeje
Over 70% of new residential complexes are being built in Costa Adeje. There are 12 schools, two shopping centers, and Tenerife Sur Airport is just 18 km (15 minutes) away. The average rental yield is 7.2% per annum.
Other popular areas:
- Playa de Fanabe. The beach is 1 km away, and the promenade is 2.5 km away. Parking in the underground garage costs €25,000. The nearest hospital is just a 3-minute walk away.
- La Caleta. A fishing village with five Michelin-starred restaurants. New buildings comprise low-rise villas (maximum three stories).
- El Madroñal. Golf area, 9 holes within walking distance. 80% of buyers are British and German. New townhouses start at €390,000, but off-plan properties in Adeje are 15-20% cheaper.
Frequently Asked Questions about Buying a House in Adeje under Construction
What are the pros and cons of buying new property in Adeje?
Properties in new residential complexes in Adeje come with a 10-year developer warranty, and compliance with the latest energy efficiency standards makes utilities approximately 40% cheaper than those on the secondary market.
However, on the other hand, when handing over a property, buyers often face delays of an average of 6 months.
Is it possible to buy a new home in Adeje remotely?
You can buy a house in Adeje off-plan or off-plan remotely. To do this, you first need to obtain a NIE through the Spanish consulate. With this, you can open a local bank account, deposit at least €6,000 as a refundable deposit, and issue a power of attorney to a notary so they can act on your behalf.
Can foreigners buy property in a new building in Adeje?
Foreigners only need to obtain an NIE to conduct real estate transactions.
What is the minimum price per square meter in a new building in Adeje?
The average new home costs €2,650/m²—this is the price of a 100 m² townhouse. In Costa Adeje, the minimum price is €3,400/m² (for a 45 m² studio).