Flat in Arrecife, Lanzarote [Ref 602374]

RefMLS-602374 🔗

Arrecife, Las Palmas, Lanzarote

Calle panama

350.000€

200m²

Investment Opportunity with Three Units in One Property – Entire Ground FloorWe present this interesting 202 m² property on a single level, currently physically divided into three independent units (although legally registered as one single property), making it an excellent option for investors or for those looking for a project with great potential.

The property includes:

- Two apartments of approximately 65 m² each, both with the same layout:
2 bedrooms, 1 bathroom, and an open-plan living room and kitchen.

- One of them is currently rented.

- The second one is vacant and requires renovation, ideal for upgrading and increasing its value.

The third unit is an open-plan commercial space, currently in the process of being legally converted into a residential unit, offering the opportunity to design a home from scratch, fully tailored to the buyer’s needs.

A property with multiple possibilities: maintain the units as rental investment, renovate and add value, or develop a fully customized residential project.