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Freehold commercial space for sale in Costa Teguise
Property Description
Lanzarote Investments proudly presents a rare opportunity to acquire a freehold commercial unit in the well-known Los Molinos complex, located in the heart of Costa Teguise — one of the island’s most established and desirable resort destinations. Positioned within this popular and well-established complex, the versatile commercial premises benefit from excellent visibility and steady foot traffic in a thriving tourist and residential area with strong year-round demand. Costa Teguise is widely regarded as one of Lanzarote’s premier lifestyle and holiday locations, known for its beautiful beaches, vibrant commercial atmosphere, and strong expatriate community. The strategic setting ensures consistent appeal to both local residents and visiting tourists. Previously operating successfully as a bar and restaurant, the property provides an ideal turnkey opportunity for relaunching a hospitality venture. Importantly, the unit has recently undergone significant upgrades, including: * Complete new electrical rewiring throughout * Fully operational and equipped kitchen * Recently installed fire safety systems * Hospitality-compliant setup, ready for immediate use These improvements add considerable value, saving a new owner substantial time and investment while ensuring safety and operational readiness. The space offers exceptional flexibility. While perfectly suited to reopen as a bar or restaurant, it could also be adapted for a wide range of commercial uses, such as: * Restaurant, café, or bistro * Cocktail, wine, or sports bar * Takeaway or delivery kitchen * Boutique retail outlet * Beauty or wellness centre * Office or consultancy space * Co-working hub or creative studio With Lanzarote’s year-round tourism and Costa Teguise’s established infrastructure, demand for quality commercial premises remains consistently strong, making this an outstanding investment opportunity.Pool: No pool
Internal Size: 87 m²
Plot size: 164 m²
No. of bedrooms: -
No. of Bathrooms: -
Property Features
- Wheel Chair Access
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