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For Sale: buildings in Las Palmas, Lanzarote


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Building for sale in Arrecife Centro, Lanzarote.
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Excellent investment opportunity with high, immediate returns on Calle Manolo Millares! An entire building is for sale (without horizontal property division), located in a strategic, high-demand area. The property comprises a ground-floor commercial unit, three spacious independent apartments (one per floor), and a fantastic accessible rooftop terrace with multiple potential uses. -Building Layout (4 Floors): Ground Floor (109 m²): Street-level commercial unit; an open-plan space that is fully operational and currently leased to an established business. 1st, 2nd, and 3rd Floors (116 m² each): Three spacious, independent apartments (one per floor). Each unit features an excellent, highly sought-after layout: 3 bedrooms and 2 full bathrooms. Accessible Rooftop Terrace: Open rooftop area offering multiple possibilities for use. Why is this a smart investment? Immediate cash flow with a 5.5% yield. The building is sold with all units currently rented and up-to-date on payments, generating rental income from the moment the deed is signed. Strategic location: Situated on one of the area's main thoroughfares, surrounded by all amenities, shops, and public transport links, ensuring constant rental demand. Due to tenant confidentiality and privacy, specific details regarding current contracts will be provided exclusively to seriously interested investors. Don't miss out on this opportunity! Contact us for more information. *Taxes, financing costs, notary fees, registration fees, and other costs related to the sale are not included. The information provided is for guidance purposes only and may be subject to inadvertent errors.
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Ref. MLS-630521 🔗

Arrecife Centro, Las Palmas, Lanzarote

Building for sale
size455m²
545.000€

Selected: 1 properties



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