Land, not only, but suitable for those who want to take advantage of the tax benefit RIC.
RIC (Reserve for Investments in the Canary Islands) is a tax incentive that offers a reduction in the tax base for corporate tax or income tax for individuals in the Canary Islands.
For more info:
https://sede.agenciatributaria.gob.es/Sede/en_gb/impuesto-sobre-sociedades/deducciones-beneficios-fiscales-impuesto-sobre-sociedades/beneficios-fiscales-canarias/reserva-inversiones-canarias.html
