23CK

Unique investment opportunity:
Beach-side apartment complex with sea views in the island’s north

Usage & Rental Status (as of 2026)

Primary residence: ✅
Secondary residence: ✅

Rental options:
VV: ⚠️ possible, but subject to municipal approval
Tourist short‑term rental (Vivienda Vacacional) may be permitted if:
– the property is located within an officially designated VV zone
– the building meets current technical and legal requirements
– the property complies with the new criteria for obtaining a VV licence

LAU: ✅
Seasonal rental (medium‑ to long‑term) under the Ley de Arrendamientos Urbanos is fully permitted.

LAU means:
– no tourist licence required
– immediate usability from day one
– stable income through mid‑term tenants
– legal clarity and strong social acceptance

Plot: 1,799 m²

This is an exceptional chance to invest in a fully developed residential complex just steps from the beach.

Operated as a hotel, this charming property comprises 11 individually styled apartments, generating excellent returns from guest bookings.

Each unit features a bespoke lounge flowing into an octagonal kitchen.

Large terraces or balconies offer breathtaking vistas over the pool and out to Lobos, Lanzarote and the Corralejo dunes.

With a blend of character and comfort—including private spas in select apartments and a shared pool—this complex achieves high guest satisfaction, strong occupancy and stable income.

This rare opportunity delivers both quality and yield. Contact me today to learn more.

There is no other property of its kind with a valid hotel licence currently on the Corralejo market—this is the only one available!

• Sea views to Lobos, Lanzarote and the Corralejo dunes from every terrace • 11 units (smallest 41.13 m²; largest 137.92 m²) • Courtyard pool • Sauna • Sun deck • All apartments with balcony/terrace • Communal rooftop terrace

Furnishings and technical installations (electrics, plumbing, etc.) reflect the building’s age. The complex is well maintained but requires various upgrades to bring it to modern standards.

By agreement with the owner family, a bidding process may be opened. The indicated price of € 2,500,000 serves as the valuation basis. Serious offers will be forwarded directly to the owners.