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Property for sale

Arrecife, Lanzarote, Canary Islands, Spain

£328,373 *  [€395,000]

Property for sale

Arrecife, Lanzarote, Canary Islands, Spain

£328,373 *  [€395,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0
  • Plot size: 342 m2

Full Description


The building is located in the central area of Arrecife, on Mejico Street, 500 meters from Playa del Reducto. It features an elevator from the ground floor to the rooftop, a street-level commercial space, and two two-bedroom apartments. The construction dates back to 2008, and its condition and maintenance are very good due to limited use.

Commercial space: The commercial area is open-plan, measuring 92 m² plus a 46 m² mezzanine.

Apartment 1: This first-floor apartment is 83 m² and includes a living/dining area/kitchen, a cozy patio, two bedrooms with comfortable built-in wardrobes, and a bathroom with a shower suitable for people with reduced mobility.

Apartment 2: This second-floor apartment is also 83 m² and features a living/dining area/kitchen, two bedrooms with built-in wardrobes, and a bathroom. The rooftop is accessible. There is potential to convert the commercial space into a residential unit.

The building has horizontal division (commercial space, Apartment 1, and Apartment 2).
It is ideal for both investors and families looking to live and run their own business in the same location without needing to travel.
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Map may not show exact location

This property listing (ref: OP0062) is an advertisement supplied by Océano Propiedades Lanzarote and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8313 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.