Excellent investment opportunity for developers and private buyers looking to develop a residential project in one of the most sought-after areas of the capital of Lanzarote.

Urban consolidated plot of 290.28 m² located in the historic centre of Arrecife. It allows for construction between party walls with a main residential use (collective housing and/or single-family homes between party walls) and the possibility of mixed use with commercial premises on the ground floor.

Planning regulations allow for a building height of 2 to 4 storeys depending on the width of the street, with an approximate buildable area of 450 to 950 m², ideal for a residential building or investment project.

📍 Prime location, just a few minutes from Charco de San Ginés, right in the centre of Arrecife and surrounded by all essential services for daily life: supermarkets, shops, schools, restaurants, public transport and leisure areas.

🌟 Its strategic location and strong urban development potential make this plot an excellent option both for real estate development and long-term investment, in a high-demand area with strong appreciation prospects.