Prime Tenerife Property Up for Social Security Auction
The Social Security Treasury (Tesorería General de la Seguridad Social) has put a property in San Cristóbal de La Laguna up for auction, presenting a unique opportunity for investors in Tenerife. This is a home situated in a quiet residential area in one of the island’s best places to live, making this bid a particularly attractive and profitable option. The property will be available to bidders on the date set by the Social Security.
Property Details and Location
The flat has an energy efficiency rating of C and a built surface area of 76.34 m². It is located on the first floor of a building on Erjos street, on the corner of Granadilla street, in the Las Nieves urbanisation. This is one of the most well-established residential areas in La Laguna. The property includes a private laundry room on the rooftop terrace.
Auction Process and Key Information
The auctioned flat is free of any encumbrances, meaning the winner will not have to assume any existing debt. According to TGSS information, the property is valued at €163,650 and has an adjoining rooftop terrace. The sale is being conducted through the Social Security’s auction system, a public and in-person procedure in which any citizen can participate, provided they meet the requirements set by the body, such as providing a deposit and identification documents. In this type of process, the property is awarded to the highest bidder provided they exceed the minimum conditions set by the administration.
Strategic Location and Auction Date
The home is situated in San Cristóbal de La Laguna in a strategic location close to services, educational centres, and connections to other municipalities. This is one of its biggest attractions, as it is just a few minutes’ drive from the centre of the capital and Tenerife North Airport. It also has good access to central San Cristóbal de La Laguna. The auction will be held on 10 February 2026 at 10:00 am, at Avenida José Manuel Guimerá, 8, Santa Cruz de Tenerife, the headquarters of the Social Security Treasury.
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