18,000m2 non-hotel plot, Costa Teguise
€3,150,000
- ~18,000 m² Plot surface
Description
Engel & Völkers markets this exclusive 18,000 m² plot with non-hotel qualification, located in one of the most privileged areas of Costa Teguise, next to the Hotel Beatriz and less than 600 meters from the coast. A unique opportunity to develop a luxury tourist or residential project in one of Lanzarote's locations with the highest growth potential.
The plot allows for up to 40% occupancy, representing up to 7,800 m² of construction, ideal for building tourist villas, a wellness complex, or a superior category boutique resort, with a maximum of 156 units of 3 floors. The area has a high annual occupancy rate and an average nightly rate of between €160 and €250 in the premium segment.
Just 15 minutes from the international airport and with direct access to services, golf courses, and beaches. Technical dossier available upon request and with full confidentiality.
Lanzarote, enclave of natural luxury. Costa Teguise, where investing is projecting the future
*Buildability may vary depending on the project and current regulations.