Flat for sale in Arrecife, Lanzarote

Home with great potential in Argana Alta, Arrecife

Discover this property located in Argana Alta, one of Arrecife's fastest-growing areas, offering new services, shops, and excellent connections to both the north and south of the island. Nearby, you’ll find Mercadona, HiperDino, MediaMarkt, Decathlon, as well as restaurants, cafés, and local stores.
Its excellent location makes it a strategic and highly sought-after area.

The property has 89.40 m² built (according to the land registry) and was originally distributed into a living room, hallway, kitchen-dining area, bathroom, master bedroom, double bedroom, and single bedroom.

It is currently divided into two independent apartments, making it a great opportunity both to live in and as an investment.

First apartment: Upon entering, a welcoming hallway leads to a separate kitchen, comfortable and functional, with access to a utility area ideal for laundry or storage. It also features a bright living room with access to an interior patio (currently used as a dressing room), one bedroom, and a full bathroom – a charming and naturally bright space.

Second apartment: Offers a living room with street-facing windows, a functional kitchen, one bedroom, a bathroom, and a patio, perfect for renting out, accommodating a family member, or using as a separate workspace.

The property needs some finishing touches and paintwork, but it offers great potential and versatility.

Additionally, it includes shared access to a community rooftop (shared with only one neighbor), perfect for enjoying the outdoors or creating a chill-out area.

Ideal for those looking for two homes in one, rental income opportunities, or flexible spaces that can easily be joined again into a spacious single-family home.