TGSS Auctions La Laguna Home on Feb 10, 2026
The General Treasury of the Social Security will auction a debt-free 76.34 sqm apartment in San Cristóbal de La Laguna, Tenerife, valued at €163,650, on February 10, 2026, offering an investment opportunity.
The General Treasury of the Social Security (TGSS) is auctioning a property in San Cristóbal de La Laguna, offering a unique chance for investors in Tenerife. This home is in a peaceful residential area, considered one of the best places to live on the island, making it a very appealing and potentially profitable investment. The property will be open for viewing by interested parties on a date set by the Social Security.
The home has an energy rating of C and measures 76.34 square meters. It's on the first floor of a building at the corner of Erjos street and Granadilla street, within Urbanización Las Nieves – a well-established residential area in La Laguna. A private laundry room on the rooftop is also included with the property.
The apartment being auctioned has no outstanding debts, meaning the buyer won't inherit any financial burdens. The TGSS values the property at 163,650 euros, and it comes with an attached rooftop area.
This sale will take place through the Social Security's public, in-person auction system. Any citizen can participate, as long as they meet the agency's requirements, which include providing a deposit and identification. In these auctions, the property goes to the highest bidder, provided their offer meets the minimum price set by the Administration.
Auctions of seized assets are how the government recovers unpaid debts. They do this by selling properties or other items taken from debtors as security for payment. These assets can range from real estate and vehicles to machinery and other valuables.
The auction is scheduled for February 10, 2026, at 10:00 AM. It will be held 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 prime spot close to shops, schools, and transport links to other towns. Its excellent location is a major draw, being just a few minutes' drive from the city center and Tenerife North Airport, with easy access to San Cristóbal de La Laguna.