Terraced Villa for sale in Arrecife, Lanzarote

Reference: 976704

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

The photos have been digitally altered using AI. The original photo and a photo showing how the property could look after renovation are included.

A property asset consisting of commercial premises and a residence is offered for sale. It is located in Arrecife, in one of the capital’s most sought-after and well-established areas, particularly valued for its commercial activity and strong tourist presence.

The area benefits from high footfall from both pedestrians and tourists, while the supply of properties for sale is very limited, enhancing its appeal as a medium- to long-term investment.

Commercial premises

Approximate area: 138 m²

Open-plan layout

Two restrooms

Street-level access

Excellent visibility and versatile potential uses

The premises require renovation, allowing the space to be adapted to different types of businesses and its potential to be maximized in an area with consistently strong commercial demand.

Upper-floor residence

Approximate area: 138 m²

Separate kitchen

Three bedrooms

Terrace

Well-designed layout

The residence also requires renovation and offers numerous possibilities: use as a family home, long-term rental, or holiday letting. This is particularly attractive given the high demand in the area and the limited supply of available properties.

Added value for investors

Two assets in a single transaction

Strategic location in the capital

Area with strong demand and established prices

Potential for appreciation after renovation

Potential to generate combined income (commercial + residential)

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