Flat for sale in Arrecife, Lanzarote

Discover this fantastic opportunity to purchase a spacious, modern home ready to move into, located in the heart of Arrecife, just a short walk from Playa del Reducto, one of the most sought-after and prestigious areas of Lanzarote’s capital.

The property is situated on the second floor of a building with a lift and step-free access via a ramp, making it suitable for people with reduced mobility. Its well-designed layout offers three spacious bedrooms, a bathroom with a walk-in shower, a bright living-dining room, a separate kitchen, and a large storage room in the basement, providing valuable additional space.

This is a privately developed Protected Housing (VPO) property, allowing eligible buyers to benefit from the tax advantages provided under the current regulations while the property retains its protected status.

An additional advantage is that the property is expected to be eligible for declassification from VPO status by the end of 2027. Once declassified, it will no longer be subject to protected housing restrictions, offering greater flexibility and excellent potential for future appreciation.

To purchase this property, buyers must meet the eligibility requirements for protected housing and register as applicants with Vivienda Canaria. It is not necessary to be registered already. If you meet the requirements, the registration process is straightforward.

This is an outstanding opportunity to acquire a comfortable home in a prime location, combining tax advantages, future appreciation potential, and proximity to the beach and all essential services.