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Canary Islands, Lanzarote, Yaiza, Spain

€3,000,000
ESTUPENDO REAL ESTATE, Lanzarote
PROPERTY TYPE

House

BEDROOMS

9

BATHROOMS

9

SIZE

Ask agent

Key features

  • Near city center
  • Near green areas
  • Bedrooms: 9
  • Near school
  • Near public transportation
  • Garage

Description

Estupendo Real Estate is pleased to offer for sale a unique property of outstanding historical and cultural significance, located in the municipality of Yaiza, Lanzarote. Set on a plot of 4,216 m² (according to the Land Registry), the estate comprises several tourist accommodation units, a traditional Canarian restaurant, and a number of buildings deeply rooted in the history of the island.

The complex benefits from its own private access and exclusive parking area. At its heart lies an interior courtyard of approximately 450 m², surrounded by mature trees, lush vegetation and pergolas with outdoor seating, creating a genuine oasis of tranquillity in the centre of the village.

Arranged around the central courtyard are seven guest rooms, each featuring a private bathroom, custom-built concrete beds inspired by the architectural style of César Manrique, individual hot and cold air conditioning, and Wi-Fi connectivity.

The estate also includes:

Storage buildings and other unused structures with the potential to be converted into additional independent guest rooms, each with its own en-suite bathroom.
An adjoining two-bedroom house.

COMMON AREAS

The property also benefits from:

A laundry room.
Two septic tanks.
A communal bathroom area inspired by the design principles of César Manrique, comprising an accessible bathroom on the ground floor and separate ladies' and gentlemen's facilities, characterised by curved walls, organic forms and traditional island aesthetics.

THE RESTAURANT

Adjoining the accommodation and with its own independent entrance, there is a traditional Canarian restaurant with a valid operating licence and extensive private parking.

The restaurant is arranged around a second outdoor courtyard featuring a central garden with a circular stone bench, characteristic of Lanzarote's traditional architecture, together with a large fireplace and barbecue area.

Each dining room retains its original pitched ceilings, traditional Canarian walls and decorative elements reflecting the island's rural heritage. Some of the rooms are currently used for serving hotel breakfasts, while the remaining areas operate independently for external guests.

The fully equipped kitchen includes:

A large extraction hood.
Food preparation area.
Three cold storage rooms for prepared food, fruit and vegetables, and frozen products.
Storage rooms and pantry facilities for raw materials.

For many years, this complex was one of the municipality's most prestigious venues for celebrations, weddings and events organised with tour operators. Today, it continues to operate on a smaller scale while offering significant potential for further development.

HISTORICAL VALUE AND CULTURAL HERITAGE

The complex consists of two main buildings and several ancillary structures, all carefully preserved and restored in keeping with Lanzarote's traditional architectural heritage. Original features that form part of the history of both the municipality and the island have been preserved throughout the property.

Among these buildings are two original structures dating back to around 1700, the remains of an old farmhouse that survived the historic Timanfaya volcanic eruptions of 1730-1736, the events that gave rise to the present-day Fire Mountains and the Timanfaya National Park. This remarkable history gives the property an exceptional and virtually irreplaceable heritage value.

During the 1970s, these buildings attracted the interest of César Manrique, the renowned Lanzarote artist and architect who dedicated much of his work to preserving the island's architectural heritage. He was particularly fascinated by the surviving remains of the old rural house and by the authenticity of the complex, which reflected the principles that defined his legacy: harmony with the landscape, respect for traditional building techniques and the organic use of space.

Although the property has been adapted for tourist use, it has retained its traditional architectural character, evident in its interior courtyards, whitewashed walls, volcanic stonework, curved forms and spaces designed as places of gathering, relaxation and tranquillity.

This is a unique property of considerable historical and cultural importance, offering substantial potential for further development and representing an exceptional investment opportunity for those seeking a distinctive project with a truly authentic identity.

The indicated price does not include taxes or costs arising from the purchase, such as notary fees, land registry fees or mortgage financing, if applicable. The buyer should consider an additional amount of approximately 8% to 10% of the purchase price.

Real estate agency fees are included in the sale price and are paid by the seller. The transaction is subject to the seller's express acceptance.

The information provided is for guidance only and may be subject to errors or unintentional omissions.

The floor plan provided is for guidance purposes only and the indicated dimensions may not be 100% accurate.

For further information, technical documentation, or to arrange a private viewing, please contact us directly.
#ref:PB8313

Canary Islands, Lanzarote, Yaiza, Spain

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Lanzarote(International)
    9.9 miles
  • Fuerteventura(International)
    35.1 miles

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About ESTUPENDO REAL ESTATE, Lanzarote

At ¡ ESTUPENDO ! Real Estate, we believe in an honest, simple, and professional approach that has allowed us to help thousands of clients find their ideal property in Lanzarote for over 20 years.

We are one of the leading real estate agencies in Lanzarote, offering properties for sale throughout the island, including the main tourist towns of Costa Teguise, Puerto del Carmen, Puerto Calero, and Playa Blanca.

We have a wide portfolio of properties available for sale, including apartments, villas, rural houses, land, and commercial premises, along with fantastic business opportunities.

If you are buying or selling in Lanzarote and looking for a trusted real estate agency, do not hesitate to contact us. We will be delighted to work together and make your dreams come true.

Notes

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This is a property advertisement provided and maintained by ESTUPENDO REAL ESTATE, Lanzarote (reference 280682_24886264) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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