Nathan op Tenerife
Listing N° A5 · La Caleta, Adeje, South

Casa o chalet independiente en venta en Avenida de la Macaronesia s/n, La Caleta, La Caleta, Adeje.

610 m² builtBuilt 2015Villa
Asking  ·  My target
€5,950,000 / €5641k
Or book a viewing directly →
01 / 25
In this feature
Ch. I
The take
Ch. II
The numbers
Ch. III
The plates
Ch. IV
The location
Nathan's take
The honest note

“Walked it. Notes coming.”

My verdict
Weigh the specifics
Trophy segment (€5M+) — CIEN cohort under-prices this tier by 50–70%. Engine output is directional only; price discovery requires a curated comparable set.
Trophy segment · out of CIEN cohort
CIEN's villa median anchors on €2,000–4,000 / m² mid-market and doesn't capture €5M+ trophy comparables (real-world €8,000–15,000 / m²). The engine fair value below systematically under-prices this tier by 50–70% — treat it as a directional anchor only. Realistic-clearing math is suppressed because the peer set isn't representative; price discovery requires a curated comparable set (Notariado registered sales, recent off-market trades, builder-specific comps for the development).
Days on markettoday · since 26 Apr 2026

What I saw on the viewing.

Exclusive Mansion Villa in Golf Costa Adeje

Discover an architectural gem in the prestigious Golf Costa Adeje, where modern luxury merges with classic elegance. Located just minutes from La Caleta, this impressive property spans 2,502 m² and offers privacy, comfort, and panoramic ocean views.

An Impressive Design

With 610 m² of built space, the villa features a majestic entrance leading to a marble fountain and a Roman-style gazebo. Its grand foyer, illuminated by a Murano glass chandelier, opens into a spacious living room bathed in natural light.

It comprises six en-suite bedrooms, including a master suite with a dressing room and private terraces. Additionally, an independent two-bedroom apartment provides extra space for guests or family.

Comfort and Technology

• Lift serving all floors

• Advanced home automation system with security cameras

• Solar panels and energy efficiency

• 52 m² garage with capacity for four vehicles

Exceptional Outdoor Spaces

• Private pool and sun terrace

• Fully equipped bar and barbecue area

• Lush gardens with elegant pathways

A unique residence in one of the most exclusive areas of Tenerife, designed for those seeking the best in luxury and privacy.

If you bought it today
Trophy segment · price discovery required
Listed at €5,950,000. Engine fair value comes back at €2,615,000 — but CIEN's villa cohort doesn't include €5M+ comps, so this number under-states real-world trophy pricing by 50–70%. No honest realistic-clearing math is possible on this peer set.
Action: pull Notariado registered sales for the South luxury cohort, request builder/dev comps if it's a named development, look at recent off-market trades through Tenerife's trophy network. Engine output is a directional anchor, not a clearing price.
All-in buy cost ≈ €6,456,000 (price + ITP, notary, registry, my fee).
Super
+7.3% / yr
Break-even at 2 years
10-yr net to seller: €11,566,000 · total return +€5,110,000 (+79.2%)
5-yr: €8,128,000 · +25.9%
Tourism + supply tightness continues. Top-quartile of historical years.
Okay
+5.0% / yr
Break-even at 3 years
10-yr net to seller: €9,260,000 · total return +€2,804,000 (+43.4%)
5-yr: €7,273,000 · +12.7%
Long-run Canarias trend. What the median year has looked like.
Moderate
+4.2% / yr
Break-even at 3 years
10-yr net to seller: €8,636,000 · total return +€2,180,000 (+33.8%)
5-yr: €7,023,000 · +8.8%
Soft cycle. ECB tightening or local oversupply. 30th percentile.
Bad
+2.7% / yr
Break-even at 5 years
10-yr net to seller: €7,441,000 · total return +€986,000 (+15.3%)
5-yr: €6,520,000 · +1.0%
Recession or tourism shock. Bottom-decile of historical years.
Crash (2008-style)
-2.0% / yr
Break-even at 19 years
10-yr net to seller: €5,048,000 · total return -€1,408,000 (-21.8%)
5-yr: €4,232,000 · -34.4%
Honest worst-case: replays the actual Spanish 2008–2018 cycle. Sharp decline then slow recovery. Most buyers stay underwater for years.
Scenarios anchored on the last 10 years of Canarias INE IPV YoY observations (post-2008-crash regime). Bad = 10th percentile, Moderate = 30th, Okay = median, Super = 75th. Buy-side costs 8.5% (ITP + notary + registry + buyer's-agent fee); sell-side costs 4% (agency + plusvalía).
Market context · Canarias
QIV 2025
Canarias prices 11.0% higher than a year ago — market running hot.
1-year
+11.0%
5-year
+49.6%
vs peak
100%
QIV 2025
Source: INE · Spanish Housing Price Index (IPV) · 2015 = 100
By the numbers
Listed
€5,950,000
€9,754 / m²
My target
€5,641,000
5.2% under asking
Community fee
N/A
Standalone — no homeowners' association
Pending special assessment
N/A
Standalone — no homeowners' association
The true cost, at my target
Purchase price
€5,641,000
ITP — 6.5% Canarias
€367,000
Notary
€1,450
Land registry
€680
Gestoría
€600
My fee — 1.5%
€85,000
All-in, done
€6,095,000
Mortgage, indicative
From
€18,064/ month
via Sabadell · €2,082,500 deposit · 25y
10 banks · 12m Euribor 2.723% · April 2026 · non-binding
The plates
Plate II
Plate III
Plate IV
Plate V
Plate VI
The location
La Caleta, Adeje · SouthOpen in Google Maps →

Where this one sits.

La Caleta, Adeje, South Tenerife.

Nearest beachPlaya de la Enramada2.4 km · 5 min drive
Second beachLa Caleta strand2.5 km · 5 min drive
SupermarketSpar la Caleta2.0 km · 5 min drive
PharmacyFarmacia Supermercado El Mango La Caleta3.0 km · 6 min drive
Restaurants & cafés2 within 500 m
HospitalHospital5.1 km · 10 min drive
Shopping mallCc San Sebastián sunny Cars2.8 km · 5 min drive
MarinaClub Náutico Puerto Colón de Adeje8.4 km · 14 min drive
Golf courseGolf Los Lagos596 m · 2 min drive
AirportAeropuerto Tenerife Sur (TFS)25.3 km · 23 min drive
A word from Nathan
Nathan Derkse
Nathan Derkse
Buyer's agent
A note

“If you'd like me to walk this property with you — on video, or in person on your next trip — send me a message. Twenty minutes is usually enough to know whether it's the one.”

Nathan