Premium New development

Commercial for sale

Costa Teguise, Lanzarote, Canary Islands, Spain

£227,850 *  [€260,000]

Commercial for sale

Costa Teguise, Lanzarote, Canary Islands, Spain

£227,850 *  [€260,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0
  • Plot size: 164 m2
  • Habitable space: 87 m2

Full Description


Lanzarote Investments proudly presents a rare and exclusive opportunity to acquire a freehold commercial local for sale in Los Molinos complex, Costa Teguise — one of Lanzarote’s most established and sought-after resort destinations.

Situated in the heart of Costa Teguise within the popular Los Molinos complex, this versatile commercial unit offers infinite business possibilities in a thriving tourist and residential area with consistent year-round demand.

Located in a prime location, Costa Teguise is one of the island’s most desirable holiday and lifestyle destinations, known for its beautiful beaches, strong expatriate community, and vibrant commercial environment. The well-established Los Molinos complex enjoys excellent visibility and regular foot traffic, making it an ideal setting for a hospitality or retail venture.

Its strategic location ensures strong potential for both local and tourist clientele.

Previously operating successfully as a bar and restaurant, this property offers a turnkey foundation for reopening a hospitality business.

Significantly, the premises have recently undergone important upgrades, including:

- Brand new electrical rewiring throughout

- Fully functioning and equipped kitchen

- All recent fire safety precautions installed

- Compliance-ready setup for hospitality use

These improvements represent substantial added value, saving a new owner both time and investment costs while ensuring safety and operational readiness.

This property offers endless comercial opportunities; While perfectly suited to reopen as a bar or restaurant, this adaptable space could also accommodate:

- Restaurant, café or bistro

- Cocktail, wine or sports bar

- Takeaway or delivery kitchen

- Boutique retail shop

- Beauty or wellness centre

- Office or consultancy space

- Co-working or creative studio

With Lanzarote’s year-round tourism and Costa Teguise’s established infrastructure, demand for quality commercial offerings remains consistently strong.
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Map may not show exact location

This property listing (ref: L326025) is an advertisement supplied by Lanzarote Investments 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 0.8763 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.