Building Plot for sale in Teguise, Lanzarote

Experience the essence of Lanzarote in the village of Tao: A project tailored to you.

Discover the peace of Tao, in the municipality of Teguise, where the volcanic horizon merges with tradition. This exceptional urban plot of exclusively 1,000 m2 (pending segregation) on Tinabuado Street is a blank canvas under the PUN-3 ordinance, designed to fit your vision. Its great versatility offers three unique paths: create a majestic estate for those seeking absolute privacy, build two independent homes as a high-yield investment, or establish your home on one of the plots and sell the other to finance your dream.

Thanks to the regulations establishing a minimum plot size of 500 m2, the viability of this project is total. You will be able to project homes with a buildability of 0.40 m2/m2 and a 40% occupancy, respecting the beauty of the stone walls and white facades typical of the island. This opportunity is offered as a portion of a parent estate, allowing the buyer to lead and customize the segregation process to their measure and cost, ensuring direct management of their future from day one.

Build your legacy in one of the most authentic villages of Lanzarote, an expanding area full of exciting opportunities to discover!

Expenses and taxes not included in the price. For reference, in second transmissions, the buyer will pay the Property Transfer Tax (ITP), whose general rate in the Canary Islands is 6.5% on the taxable base, which will be the highest value among the purchase price, appraisal, or cadastral reference value. Notary and registration fees: approx. from €700 (fees vary according to price, number of copies, and complexity). The buyer freely chooses the notary. The seller assumes, by law, the expenses that correspond to them, unless otherwise agreed. If a mortgage is needed: Appraisal, conditions, and banking costs according to the entity chosen by the buyer; as well as the management fees and any other expenses inherent to the formalization of the sale.