Three-storey residential building.
Location: Arrecife, Lanzarote – Near Avenida Medular
Sale price: €520,000
Estimated gross yield: 6.83%
Current monthly rent: €3,700/month
� Contract with established tenant and profitable business
� Total Built Area: 489 m²
� Building Layout:
✔ Commercial premises, ground floor, 218 m², fully fitted out and operational.
✔ 1st Flat: 4 bedrooms, 2 bathrooms
✔ 2nd dwelling: 3 bedrooms, 1 bathroom
Both on the first floor, with a built area of 198 m².
✔ Roof: 2 independent studios and two storage rooms with a total area of 72 m².
Strategic location:
High-traffic area, surrounded by shops, public institutions and educational centres.
Ideal for investors seeking stable income with an active and established tenant.
Building with a valid rental contract and guaranteed profitability from day one.
The information provided is for guidance only and is subject to unintentional errors or omissions. The sale price does not include transfer taxes, notary fees, registration fees or any other expenses that may arise from the sale.
Type hot water:
Electric heater