Santa Cruz de La Palma
MI CASA EN LA PALMA presents: Historic property in need of renovation!
Large building complex with four separate entrances, built in 1920, located in the historic heart of Santa Cruz de La Palma, on Callejon de Reyes at the corner of San José, approx. 30 m.a.s.l.
515.000 EUR




DETAILS
Property no. SCC236
A Property with History, Character and Vision
Located in the historic centre of Santa Cruz de La Palma, within the city’s officially protected Conjunto Histórico, this impressive building complex dates back to 1920 and represents a rare opportunity to acquire a large-scale historic property in a prime urban location.
With a total built area of approx. 970.17 m², distributed across several levels and accessed via multiple independent entrances, the property offers patios, balconies, terraces and a generous roof terrace. Its architectural structure reflects traditional Canarian urban design and provides a solid foundation for a high-quality restoration project.
Building Layout and Areas
Basement (approx. 111.85 m²)
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Entrance hall
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Living room
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Bedroom
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Kitchen
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Bathroom
Ground Floor (approx. 388.04 m²)
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Entrance hall
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10 rooms
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Kitchen
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Bathroom
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WC
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2 patios
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Balcony
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Terrace
First Floor (approx. 300.75 m²)
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Entrance hall
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6 rooms
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Kitchen
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Bathroom
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2 patios
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Terrace
Second Floor (approx. 138.50 m²)
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Living room
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Dining room
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Study / library
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2 bedrooms
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Bathroom
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WC
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Kitchen
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Pantry
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2 patios
Attic (approx. 16.63 m²)
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Living / sleeping area
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Laundry room with traditional pileta
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Large roof terrace (approx. 120 m²)
Urban Planning Framework and Protection Status
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Land classification: Urban land
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Zoning: Intensive residential (closed block development)
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Primary permitted use: Residential
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Heritage protection:
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Façades: Protection Level 2
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Interior: Protection Level 3
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Maximum building height: Existing height (two storeys, stepped according to street frontage)
The property requires comprehensive renovation, which has been reflected in the asking price. All works must respect the architectural character, traditional materials and planning regulations applicable to protected historic buildings.
In addition to municipal approval, any project is subject to the binding assessment of the Cabildo Insular de La Palma, the authority responsible for heritage protection.
Use Perspectives – Subject to Official Approval
The building is legally designated for residential use in its various forms and configurations.
Beyond pure residential use, other concepts may be explored subject to individual assessment and formal approval by the competent authorities, particularly where independent access and technical separation are provided. Possible approaches may include:
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High-quality private residence
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Division into multiple residential units
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Residential use combined with professional or representative functions
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Cultural, artistic or creative purposes
Important notice:
Touristic accommodation (hotels, emblematic hotels, holiday rentals, apartments), gastronomic concepts or bar/lounge uses are not automatically permitted. Any such use requires explicit approval from the relevant authorities and cannot be guaranteed.
A Project with Substance
This property is aimed at buyers and investors who appreciate the value of historic architecture and are prepared to develop a project that balances vision, authenticity and regulatory compliance.
Its central location, scale and architectural presence make it a compelling opportunity for those seeking a distinctive asset in one of La Palma’s most sought-after urban environments.
Conclusion
A rare chance to restore and reposition a substantial historic building in the heart of Santa Cruz de La Palma.
An ideal project for discerning buyers, long-term investors or heritage-focused developers looking to create lasting value within a clearly defined legal framework.
Legal Disclaimer
All information is based on available documentation and official urban planning reports. Any renovation, change of use or development concept is subject to the corresponding administrative approvals by municipal and island authorities.
Seize the opportunity with MI CASA EN LA PALMA and invest in a piece of Santa Cruz de La Palma's history, in a property with great potential in the best location!
WHAT'S AROUND THE CORNER?
=> Santa Cruz de La Palma
Santa Cruz de La Palma, the small but very charming capital of our Isla Bonita, was founded on 3 May 1493 and has since been declared a cultural asset in its entirety in the category of ‘historical and artistic sites’.
The city centre is located at sea level, but the municipality extends to an altitude of 1,800 metres.
So you can live right in the capital, but also in the countryside – and yet still be ‘IN THE MIDDLE OF THE CITY’!
Tips:
Just stroll around: Calle O'Daly and Calle Real, together with Avenida Marítima, are colonial in style, with beautiful colourful façades, charming little squares and enchanting alleys that are worth strolling through, as well as charming shops, bars and restaurants.
Discover the town hall, Plaza de España and El Salvador Church, undoubtedly the most beautiful Renaissance complex in the Canary Islands. Be sure to visit the interior of the church and its fantastic coffered ceilings!
The Balcones de la Avenida Marítima are probably one of the most famous images of Santa Cruz de La Palma. A group of small houses painted in different colours with beautiful wooden balconies full of flowers.
You must sit down and enjoy a coffee in the Plaza de la Alameda!
P.S. Take the lift to the upper town with its heart and great views: San Telmo!
La Recova: The capital's market hall! Even if you don't want to buy anything there, it's well worth a visit just for the typical southern European flair.
NATOUR: Are active holidays your thing? NATOUR offers great group and individual hiking trips! Take a look!
Los Indianos: Simply the most original carnival in the world! An unmissable event where locals and visitors come together in a gigantic white flood.
El Real Santuario Insular de Nuestra Señora de las Nieves: Inside the pilgrimage church, the patron saint of La Palma, the Virgen de las Nieves, shines brightly. You have to see the location of the church! Indescribable!
Bajada de la Virgen de las Nieves: Every five years in summer, the great folk festival of the patron saint of La Palma takes place in Santa Cruz de La Palma! Don't miss the dance of the dwarves: La danza de los Enanos de La Palma!
Playa de Santa Cruz de La Palma: The capital's city beach, a sprawling sandy beach of volcanic origin, with unique sunrises!
Muelle pesquero: Fishing harbour with its own fish shop selling the best freshly caught fish on the island! Be there at 9 a.m. when the boats return!
Bar Restaurante Parilla Las Nieves: A MUST for anyone who loves meat and wants to get to know the authentic food culture of the Palmeros!
Restaurante Chipi-Chipi: Enjoy a rustic Canarian atmosphere and grilled meat in this garden restaurant, artistically inspired by Luis Morera!
Cinnamon Gastrobar: Creative cuisine with references to typical local products and preparations. A highly recommended place to discover the avant-garde and gastronomy of La Palma.
Restaurante El Casino: This fusion restaurant is located in an old mansion, an emblematic place in the city where you can enjoy delicious gastronomic offerings.
Restaurante La Graja: An old house with all its charm. The menu is short and offers just enough to delight guests!
...and much more!!!




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