Social Security to Auction Tenerife Home in La Laguna Feb 2026
The General Treasury of the Social Security is auctioning a debt-free 76.34 sqm apartment with a rooftop laundry room in San Cristóbal de La Laguna, Tenerife, valued at €163,650, on February 10, 2026.
The General Treasury of the Social Security (TGSS) is auctioning a property in San Cristóbal de La Laguna, presenting a unique opportunity for investors in Tenerife. This home is located in a quiet residential area, known as one of the best places to live on the island, making it a very attractive and potentially profitable option. The property will be available for auction on a date determined by the Social Security.
The home has an energy rating of C and a built area of 76.34 square meters. It's on the first floor of a building at the corner of Erjos Street and Granadilla Street, within the Las Nieves Urbanization – one of La Laguna's well-established residential areas. A private laundry room on the rooftop is also included with the property.
This auctioned apartment is free of any debts or charges, so the buyer will not have to take on any existing financial obligations. The TGSS has valued the property at 163,650 euros, and it comes with an attached rooftop.
The sale will happen through the Social Security's public, in-person auction system. Any citizen can take part, as long as they meet the agency's requirements, which include submitting a deposit and identification documents. In these auctions, the property goes to the highest bidder, provided their offer meets the minimum conditions set by the Administration.
Auctions of seized assets are a way for the Administration to recover unpaid debts by selling properties belonging to debtors. These assets can be real estate, vehicles, machinery, or other items that have been taken as security for payment.
The auction is scheduled for February 10, 2026, at 10:00 AM. It will take place at the General Treasury of the Social Security headquarters, located at Avenida José Manuel Guimerá, 8, Santa Cruz de Tenerife. The home itself is in San Cristóbal de La Laguna, a strategic spot close to essential services, schools, and transport links to other towns. This excellent location is a major draw, as it's just a few minutes' drive from both the city center and Tenerife North Airport, with good access within San Cristóbal de La Laguna.