Major boost for Playa Paraiso with 20 million euro scheme
Playa Paraiso is to receive a major tourism and residential boost in 2016, with a luxury apartment block leading the way.
The ambitious plan for “Ocean Garden” will transform the present building in calle Aljibe and will begin in the second quarter of this year, Adeje council has revealed.
There will be 151 one, two and three bedroom apartments, with the work taking between a year to 18 months to complete.
When the sales office opened, 15 were sold within the first five days!
Adeje council says Playa Paraiso will see a new lease of life as a result of this and other projectw which include the new Hard Rock Hotel, also a refurbishment.
Councillor for urban planning, José María Álvarez Acosta said a tremendous amount of confidence was being shown in Adeje by the construction industry which has kickstarted following the long years of the economic recession.
The calle Ajibe building was built some time ago and has long awaited renovation and restoration.
Sr. Acosta said the council was intent on doing only the best for Adeje and scrutinised each and every proposal.
“Ocean Garden” is promoted by the company Nuevo 2012 SL which is based in the south of Tenerife and plans to invest 20 million euros in the completion of one of the first buildings started in Adeje.
Nuevo 2012 SL says the announcement of the Hard Rock Hotel in Playa Paraiso had bouyed their confidence about the future of the municipality of Adeje and acted as “a springboard for investment”.
The plot for the new apartment block stands on 7,600 square metres and the apartments range from 60 to 100 and 120 square metres. Most have large terraces with sea views and the ground floor ones have gardens.
There will also be a community pool, solarium, gardens and 156 parking places on three underground levels, plus a shop of more than 500 square metres.
The sales office is located in the building and has a scale model to show what the completed scene will look like.