Terraced Villa for sale in Arrecife, Lanzarote

Investment opportunity in Arrecife commercial space + residential property in a high-demand area.

Photos have been modified with AI showing before and after; the original photo and an image of the potential post-renovation appearance are published.

A real estate asset comprising a commercial space and residential property is offered for sale, located in Arrecife, in one of the most sought-after and established areas of the capital, particularly valued for its commercial activity and strong tourist presence.

The area stands out for its high foot traffic, both pedestrian and tourist, and a very limited supply of properties for sale, which reinforces its appeal as a medium- to long-term investment.

Commercial space

Approximate area of 138 m²
Open-plan layout
Two bathrooms
Ground floor location
High visibility and versatile use

The space requires renovation, which allows adaptation to different types of business and maximizes its potential in an area where commercial demand is constant.

Residential property on upper floor

Approximate area of 138 m²
Separate kitchen
Three bedrooms
Terrace
Good layout

The residential property, also requiring renovation, offers multiple possibilities: family residential use, long-term rental, or holiday rental exploitation, particularly attractive given the high demand in the area and scarcity of available supply.

Added value for the investor

Dual asset in a single transaction
Strategic location in the capital
Area with high demand and established prices
Potential for appreciation following renovation
Potential to generate combined income (commercial + residential)

A property designed for investors seeking profitability, location, and growth potential, in one of the most dynamic areas of Arrecife.