Commercial for sale in Costa Teguise, Teguise, Lanzarote

This versatile commercial unit offers infinite business possibilities in a thriving tourist and residential area with consistent year-round demand.

Located in a prime location, Costa Teguise is one of the island’s most desirable holiday and lifestyle destinations, known for its beautiful beaches, strong expatriate community, and vibrant commercial environment. The well-established Los Molinos complex enjoys excellent visibility and regular foot traffic, making it an ideal setting for a hospitality or retail venture.
Its strategic location ensures strong potential for both local and tourist clientele.
Previously operating successfully as a bar and restaurant, this property offers a turnkey foundation for reopening a hospitality business.
Significantly, the premises have recently undergone important upgrades, including:
- Brand new electrical rewiring throughout
- Fully functioning and equipped kitchen
- All recent fire safety precautions installed
- Compliance-ready setup for hospitality use
These improvements represent substantial added value, saving a new owner both time and investment costs while ensuring safety and operational readiness.
This property offers endless commercial opportunities; While perfectly suited to reopen as a bar or restaurant, this adaptable space could also accommodate:
- Restaurant, café or bistro
- Cocktail, wine or sports bar
- Takeaway or delivery kitchen
- Boutique retail shop
- Beauty or wellness centre
- Office or consultancy space
- Co-working or creative studio
With Lanzarote’s year-round tourism and Costa Teguise’s established infrastructure, demand for quality commercial offerings remains consistently strong.