Commercial for sale in Arrecife, Lanzarote

Looking for a real estate asset that generates income from day one? This entire building in the heart of Arrecife, next to the courthouse, is the missing piece in your portfolio. We present an excellent investment opportunity in one of Arrecife's most sought-after areas. The entire building, comprising three independent apartments, is for sale. It is strategically located just steps from the courthouse and in the very center of the city.

Profitability summary: Currently, the property generates a total monthly income of ?1,600, distributed as follows:
- Apartment A: ?550/month
- Apartment B: ?550/month
- Apartment C: ?500/month
Rental agreements are in place until 2026 and 2029.

Layout and areas:
- Apartment 1: 2 living rooms/kitchens, hall, pantry, 2 bedrooms, and bathroom. Built area: 65.72 m².

- Apartment 2: Living room, kitchen, hallway, bedroom, bathroom, patio, and storage room. Built area: 61.72 m².

- Apartment 3: Living room, kitchen, hallway, bedroom, bathroom, and two balconies. Built area: 57.66 m².

Its proximity to the courts and other points of interest makes it an ideal property for both long-term residential rentals and professional use. Don't miss this opportunity in the most sought-after area!