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COMMERCIAL

Canary Islands, Lanzarote, Playa Blanca, Spain

€4,000,000
Hormicasa Servicios Inmobiliarios, Arrecife
PROPERTY TYPE

Commercial Property

SIZE

10,172 sq ft

945 sq m

Description

HORMICASA INMOBILIARIA presents a rare investment opportunity on the market: a block of 14 flats that is currently 100 per cent let. All the flats have their own separate entrance and exit onto the street. The location is very central, situated in one of the most established and sought-after areas in the south of Lanzarote.


The building comprises 12 duplex flats, most of which have two bedrooms, a living room/kitchen, a bathroom, a separate toilet and a sunroom; some feature a private terrace and are designed for tenants seeking privacy, comfort and attentive service. There are also two single-storey flats, with one or two bedrooms.


Currently, the building is positioned as a high-end property, thanks to its central location, proximity to the beach and the pedestrianised area, as well as its closeness to the port of Playa Blanca, where cruise ships will soon be docking.

Beyond its current use, the building offers potential to develop new tourism-related business ventures; one of the properties currently holds a holiday rental licence.


An opportunity aimed particularly at investors seeking to acquire a business with its own identity, established infrastructure and real potential for expansion in one of Lanzarote’s most renowned tourist destinations, PLAYA BLANCA


For privacy reasons, no further information will be published. Details will only be provided to clients with a letter of intent

Canary Islands, Lanzarote, Playa Blanca, Spain

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Lanzarote(International)
    15.3 miles
  • Fuerteventura(International)
    28.8 miles

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About Hormicasa Servicios Inmobiliarios, Arrecife

Notes

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This is a property advertisement provided and maintained by Hormicasa Servicios Inmobiliarios, Arrecife (reference 641184) 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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