For Sale: Incredible Investment Property with 3 Stunning Units and existing Tourist License, Los Valles 800,000€ Property Reference [1449]

Incredible Investment Property with 3 Stunning Units and existing Tourist License

Los Valles Lanzarote

  • Detached Villa
  • 5 Bedroom
  • 5 Bathrooms
  • Private Pool
  • Garden
  • Off Street Parking

800,000€
[approx £693,600]



This property is truly one of a kind. It consists of three different villas with a combined built surface of 405m2 on a plot of app. 3.100m2.

The property is situated in the village Los Valles, and was restored from a 200 year old farmhouse and water reservoir, maintaining the traditional architecture and style of the island.

In addition to a spacious interior described below, each unit offers a number of opportunities to enjoy the wonderful Lanzarote weather and sun. An interior patio, and the sunbathing area next to the heated pool are ideal locations to soak up the sun Lanzarote is so well known for. During cooler evenings the pool area is the ideal location for a grill out under the starlit sky.

Casa Catalina I
This unit of app 140m2 disposes of two bedrooms, each with its private bathroom, a spacious living room, and fully appointed kitchen.

Casa Catalina II
This unit also of app. 140m2 disposes over two bedrooms, each with its own en-suite bathroom, an ample kitchen, spacious living room, and its own sun room.

Both Catalinas have a true country house and farm feel with an inviting atmosphere of warm colours and bright décor.

El Aljibe: water reservoir turned luxury villa (125m2)

The bedroom and living room in El Aljibe are what make this part truly unique. Restored the old water reservoir, these two rooms sit inside a majestic atmosphere. Hand-crafted furnishings, atmospheric lighting, and remarkable paintings and sculptures by some of the island’s finest artists enhance the sheer rock walls, as well as a high definition surround-sound stereo system to make full use of the property’s extraordinary acoustics.

The master bedroom, located in a mezzanine floor, sits just below the exposed rock arches that have concealed El Aljibe for centuries, while a large window lights up the bedroom area and has lovely views of the garden.

The villa’s top floor boasts a modern kitchen, ample bathroom and private terrace with a built-in Jacuzzi.

As a hard-to come-by tourist license already exists, this could also be a unique opportunity to own a successful luxury rental business.

The village of Los Valles itself has an extraordinary heritage. Founded in the early 1700′s the village was home to those displaced by the volcanic eruptions that formed what is now known as the Timanfaya National Park. It is only a ten minute drive from the coast, as well as only a short distance to the Tourist resort of Costa Teguise and the traditional Canarian Village of Teguise, both home to fabulous restaurants and a multitude of entertainment opportunities.
Property Reference: 1449
Bedroom: 5
Bathrooms: 5
Pool: yes, Private
furniture: yes, Fully furnished
lift: None
Garden: yes, Garden
Parking: yes, Off Street
built area: approx 405m2
plot area : approx 3138m2
maintenance fee p.a. : TBA
rates p.a. : TBA
bin collection fee p.a. : TBA

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This information is provided for guidance: it does not form any part of a contract. We have taken care in the preparation of this information; however, we do not accept responsibility for any inaccuracies. We recommend that any purchaser should use the services of a reliable and independent solicitor.
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