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Property for sale

Corralejo, Fuerteventura, Canary Islands, Spain

£407,448 *  [€468,035]

Property for sale

Corralejo, Fuerteventura, Canary Islands, Spain

£407,448 *  [€468,035]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0
  • Habitable space: 477 m2

Full Description


Rarely does a property of this character and potential come to market anywhere in the Canary Islands, let alone in the heart of Corralejo. This extraordinary 477 m2 circular commercial building, spread across two floors and set within the established Oasis Duna complex, is one of the most architecturally distinctive commercial spaces on the island — and one of the most versatile investment opportunities available today.. The building's iconic circular form, whitewashed rendered exterior and row of elegant arched windows running the full circumference of the upper floor give it an immediate visual presence that sets it apart from any conventional commercial unit. Framed by mature palm trees and tropical planting, it commands attention from the moment you approach. Inside, the upper floor reveals a stunning open-plan circular space flooded with natural light from the continuous band of arched windows, with a central structural column, marble tiled floors, and a soaring domed ceiling — a truly unique interior that simply cannot be replicated.. With 477 m2 across two floors and independent access, this building is suited to virtually any commercial use — office space, showroom, gallery, restaurant, wellness centre, or leisure facility among them. However, the most compelling opportunity for the right investor lies in the very real possibility of obtaining a change of use licence to convert the building into residential apartments, or a mixed-use residential and commercial scheme — a potentially transformative proposition given Corralejo's sustained demand for quality accommodation and the scarcity of development opportunities within established complexes.. Whether you are a business operator seeking something truly memorable, a developer with an eye for an exceptional conversion project, or an investor looking to add a landmark asset to your portfolio, this building demands serious consideration.. Requires refurbishment. Offered for sale as seen.
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This property listing (ref: LOCOASIS2/13162) is an advertisement supplied by Canary Islands Estates 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 0.8705 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.