Island of La Palma, Canary Islands, Spain


La Mancha Spa Hotel   investment project





Eco tourism complex and Health Spa


Location


T. M. PLAINS OF ARIDANE (38760), ISLA SAN MIGUEL, DE LA PALMA, CANARY ISLANDS, SPAIN


La Palma is the third largest and the most North Westerly Island of the seven Canary Island’s Archipelago and is part of Spain. These islands are found off the North West Coast of Africa in the Atlantic Ocean, 1,350 kilometres south of the Iberian Peninsula.


La Palma is located 200 kilometres from the  African Coast and the nearest land to the west of it is Brazil. Flights to the island are approximately 2.5 hours from mainland Spain and a little over 4 hours from most other European Capitals. The islands are members of the European Union and the currency there is the Euro.


La Palma was designated a Biosphere Reserve by UNESCO (United Nations Educational, Scientific and Cultural Organisation) in November 2002 along with the two other islands of El Hierro and Lanzarote because of their natural beauty.


This hotel project is found on the west side of the island, well known for its favourable climate and access to natural resources and leisure facilities.


Relevant Project Features


1 BACKGROUND


The draft tourism “Old La Mancha” began almost 3 decades ago and was included in the municipal planning of Los Llanos in 1987 and had a “Partial Plan of Arrangements” approved.


For various administrative and circumstantial avatars the project has evolved, both conceptually and prospects of potential demand has grown considerably.


The project has been formulated as the result of strong commitment to quality and careful consideration for the environment and has achieved a load of 500 tourist places, the maximum allowed for the island at this present time. The project is approved by the Government pending incorporation into the municipal planning for the City of Los Llanos.


2  CHARACTERISTICS OF TERRITORIAL ENCLAVE WHERE IT STANDS


The project area occupies a total area of 231,218.00 square metres in a former agricultural area (former grounds for the cultivation of the vine in rain-fed area) of Las spots Down in the town of Los Llanos and was adopted as developable land in 1983 within the so-called Tourist Sector B/T-6. The site is 375 metres above sea level.


3  ELEMENTS DEFINING THE PROJECT


For the evaluation of this project it is necessary to consider the relevant elements involved:



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