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Buildings for sale in Arrecife Centro, Arrecife, Lanzarote

Building for sale in Arrecife Centro, Lanzarote.

We are delighted to present this exceptional investment opportunity in the very heart of Arrecife. This building, full of potential, is located just a few steps from the iconic Playa del Reducto and the vibrant city center. A prime location with high demand for both residential and holiday rentals — ideal for developing a highly profitable real estate project. This four-story building includes six residential units and comes with a fully approved and paid renovation project and building license. Over 50% of the renovation work has already been completed, allowing the buyer to resume and finalize the project immediately after purchase. Property layout: • Ground floor: • A 65 m² unit (converted from a storage space, change-of-use in process) with 1 bedroom, spacious bathroom with dressing area, open-plan kitchen-living room, and private entrance. • Storage/garage area, a guest toilet, central staircase, and space reserved for a future elevator installation. • First floor: • A 118 m² apartment with 4 bedrooms, 2 bathrooms, large living room, separate kitchen, and interior patio. • Second floor: • Two 59 m² apartments, each featuring 2 bedrooms, 1 bathroom, hallway, open-plan kitchen-living room, and balcony. • Third floor: • Two additional apartments with the same layout as the second floor (59 m², 2 bedrooms, bathroom, kitchen-living room, and balcony). • Rooftop terrace: • Private laundry/storage rooms for each apartment and an additional construction currently used for storage and private use. This space offers potential to be converted into a studio apartment or connected to one of the top-floor units to create a duplex. The property comes with a complete architectural project, valid building license, certifications, and an up-to-date estimate for the completion of works. This is a perfect opportunity for investors, with high potential to transform the building into a holiday rental complex, long-term rental apartments, or individual units for resale. 📞 Don’t miss out on this unique opportunity. Contact us today for more information or to schedule a viewing. We’ll be happy to assist and guide you through every step of the process.

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RefMLS-562033 🔗

Arrecife Centro, Lanzarote

Building for sale

491m²

810.000€

INVESTORS

RefACAT-559896 🔗

Arrecife Centro, Lanzarote

Building for sale

688m²

460.000€

JUST IN

Great Opportunity! Building with 3 Spacious Apartments + Ground Floor Commercial Premises Discover this real estate gem with outstanding residential and commercial potential in the heart of Arrecife. A solid, spacious, and versatile property — ideal for rental income projects, multi-family use, or commercial ventures. Main features: 🏠 3 Independent Apartments: 2 of them over 90 m² 1 apartment of 69 m² Each unit includes: 3 bedrooms, living-dining room, kitchen, service area, and two private patios. Generous commercial space on the ground floor, ideal for retail, storage, or conversion into additional living units or office spaces. Functional and well-distributed structure: 2 separate staircases 3 water cisterns (aljibes) Septic tank Small central patio providing ventilation and light Perfect for multi-family living, monthly rentals, or real estate development projects.

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RefLC-559440 🔗

Arrecife Centro, Lanzarote

Building for sale

270m²

485.000€

JUST IN

Great investment opportunity in the heart of Arrecife! This residential building on the corner and on the top floor of a two-storey building, has access through a private portal. The second floor of 160 m² distributes four bedrooms, some with fitted closets, bathroom, kitchen, distributor, dining room and two patios. In addition, the large living room with balcony and exterior views provides great luminosity. The upper floor and roof terrace of 160 m² has three rooms for storage that could be used as bedrooms. The most interesting thing about this property is that the building is prepared to build two more floors, which offers the possibility to build four additional properties or more. Ideal for investors or large families wishing to live nearby. It is also a good option for long term rental, offering a very good monthly return. Do not miss the opportunity to visit it! The data shown are merely indicative, subject to errors or involuntary omissions. The sale price does not include transfer taxes, Notary, Registry and any other expenses that may generate the sale.

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RefTIM-490189 🔗

Arrecife Centro, Lanzarote

Building for sale

160m²

255.000€

EXCLUSIVE

RefACAT-222123 🔗

Arrecife Centro, Lanzarote

Building for sale

228m²

530.000€

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Artek Soluciones Informáticas.
C. Doña Micaela Hernández, 1. Oficina 2.
Arrecife de Lanzarote.