The average housing price increase in Spain was 8.2% over the year, but these are average figures. In terms of specific figures, the Canary Islands led the way with 11.5%. The main drivers of demand for developer-produced properties in Arona were tourism and internal migration.
Features of Purchasing New Buildings in Arona
Local new developments are governed by the municipal PGOU 2023 plan, which limits heights to 6 stories and requires projects to include green space of at least 30% of the site's floor area.
Advantages of real estate under construction in Arona compared to the existing market:
- Variety of layouts. A choice of 5–7 layout options (from 60 m² studios to 150 m² penthouses) and materials.
- Fiscal benefits. VAT 7% for primary housing plus a 20% deduction for energy-efficient improvements.
- Legal purity. Objects are checked for encumbrances through the registry.
New Build Housing Prices in Popular Areas of Arona, Spain
In 2025, the Arona market is dynamic: the average price has increased by 9.1%, and developers are focusing more on one- to three-bedroom apartments with areas of 65–120 m². There are budget options in Palm-Mar as well as luxury villas with private pools in Costa Adeje.
Average prices for properties in new residential complexes in Arona:
| District |
Typical objects |
Average price per m² (€, 2025) |
| Los Cristianos | Apartments with a view of the port and a shared pool | 4300–5700 |
| Playa de las Américas | Penthouses with terraces of 20–40 m², spa | 6200–8700 |
| Costa Adeje | Villas 200+ m² with garden, concierge | 6800–11,200 |
| Palm-Mar | Studios and duplexes, underground garage | 3700–4900 |
| Los Gigantes | Cliffside townhouses with terraces overlooking Mount Teide | 4100–5600 |
The Best Areas to Buy New Housing in Arona
Los CristianosIt's the most popular area among foreign investors. It attracts many tourists, even more than other districts. For those seeking permanent residence, there are markets, schools, shops, and clinics.
Other popular areas with real estate in Arona from the developer:
- Playa de las Américas. This is the main recreation area on the coast. It boasts seven beaches, recognized as the cleanest in the world. Furthermore, new residential complexes are being built near the golf course.
- Costa Adeje. This is a premium area in the south of Tenerife. There are more than ten properties in the 5-star segment alone. New builds with integrated KNX automation (smart home) have seen annual price growth of approximately 13%+.
- Palm-Mar. Palm-Mar is a small coastal community where approximately 30% of the housing is foreign-owned. It also boasts a marina with 200 berths.
- Los Gigantes. Los Gigantes is only about a 15-minute drive from Teno Natural Park. Local routes are geared toward ecotourism, especially trekking. Short-term rentals see a significant increase—35–40%—during the cetacean season (approximately December–April).
Frequently Asked Questions About Buying a New Build Property in Arona, Spain
Is it possible to buy a new home in Arona remotely?
To purchase a property in Arona remotely, you first need to obtain a notarized power of attorney (apoderado) through the Spanish consulate (costing €150–€250). During the transaction, signatures are affixed in the buyer's online presence. Up to 85% of transactions with non-residents are completed remotely.
Can foreigners buy a house in Arona under construction?
To purchase real estate not only in Arona but throughout Spain, it is sufficient to obtain a NIE tax number and use it to open an account at a local bank.
What is the minimum price per square meter in a new building in Arona?
The average price of new homes in Arona is €3,500 per square meter. In prime areas, prices are higher, starting from €6,500. Buying a house in Arona off-plan will reduce the final price by 20–30%.
