Playa Blanca, Lanzarote, Spagna
Canary Islands, Spain (general) 35570
Spain

CO-EXCLUSIVE

Property

Ownership: Development Site
Type: Sites / Plots for Development
Area: 3626547M² (39035827.0 sq ft)
Lot Size: 3626547 M²
Tenure: Freehold
Council Tax Band: TBC

Financials

Price: €7,000,000
($7,349,370)
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Description

We are pleased to present an exclusive development land located in the prestigious Montaña Roja area of Playa Blanca, one of Lanzarote’s most renowned destinations. This property represents a unique opportunity for investors and developers in the luxury tourism sector.

Property Features:

- Total land area: 36,265.47 m2, with 30% buildable area.

- Buildable area: 18,137 m2, distributed over a maximum of 2 floors.

- Capacity: Designed for a hotel with a capacity of 605 beds.

- Maximum height: 7.60 meters.

- Zoning: Tourism and hotel use, approved for hotels of 4-star category and above.

Documentation and Licenses:

- Approved construction license for the development of a luxury hotel.

- Technical project in compliance with current urban planning regulations.

- Registered in the General Tourism Registry of the Canary Islands, certifying the preliminary classification of the hotel as 5 stars.

Hotel Management Proposal:

A leading company in the tourism sector has drafted a non-binding proposal for the management and administration of the hotel upon completion. The proposal includes:

- Commercial management, bookings, billing, and collections.

- Procurement management and human resources administration.

- Financial and administrative management, including accounting and collections.

- Operational and IT consulting.

- Management contract proposed for 10 renewable years.

The economic terms include a base commission of 3% on total revenues and an incentive commission of 10% on gross operating profit. Detailed information is available upon request.

Prime Location:

The land is located in one of Playa Blanca’s most exclusive areas, characterized by the tranquility of Montaña Roja and proximity to services, beaches, and tourist attractions. Its strategic location offers excellent accessibility and is ideal for the development of a high-end hospitality project.

Development Potential:

- Perfect for creating a luxury resort with extensive spaces for pools, gardens, and wellness areas.

- Tailored to meet the growing demand for premium tourism in Lanzarote.

- Take advantage of year-round tourism thanks to the Canary Islands’ mild climate.

Sale Price: €7,000,000.

This is a rare opportunity to develop an exclusive project in one of Europe’s most sought-after tourist destinations. For more details, complete documentation, and information about the management proposal, please do not hesitate to contact us

Amenities

  • Approved License
  • IDEAL FOR FIRST TIME BUYER OR INVESTOR
  • INVESTMENT OPPORTUNITY
  • Perfect opportunity for investment and development
  • Prestigious Location

Exposures

  • East
  • South
  • West

Hotel Development Land with Approved License for 5-Star Hotel in Playa Blanca, Lanzarote


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.