Description
Estupendo Real Estate is proud to present nn exceptional hotel asset of high heritage value offered for sale, located in the heart of the historic village of Yaiza, on a plot of approximately 4,000 m². The property comprises a fully operational emblematic hotel, a traditional Canarian restaurant, and several buildings deeply rooted in the history of Lanzarote.
THE HOTEL
The hotel features a private and independent entrance, reception area, and an exclusive parking zone for guests. Its core is a central inner courtyard of approximately 450 m², surrounded by lush vegetation, mature trees, and perimeter pergolas with outdoor seating, conceived as a true oasis of tranquillity in the heart of the town.
Arranged around this central patio are the 11 rooms currently in operation, all with private bathrooms, concrete built-in beds inspired by Cesar Manrique's architectural style, individual hot/cold air conditioning, and Wi-Fi connection.
The property also includes:
Storage areas and staff accommodation, with the possibility of conversion into 4 additional independent rooms, each with a private bathroom.
An adjacent residential unit within the same property, with potential to create two additional rooms.
The establishment holds an Emblematic Hotel licence, authorised for up to 19 rooms, offering significant expansion potential within the existing regulatory framework.
COMMON AREAS AND SERVICES
The property includes:
On-site laundry room (fully operational)
Two septic tanks serving the hotel
Common bathroom facilities in Manrique-inspired design, including one adapted bathroom for reduced mobility on the ground floor and separate facilities for ladies and gentlemen, featuring curved walls, organic volumes, and traditional island aesthetics.
THE RESTAURANT
Adjacent to the hotel and with independent access, the property includes a traditional Canarian restaurant with an active licence and ample private parking.
The restaurant is arranged around a second outdoor patio featuring a central garden with a perimeter stone bench, characteristic of traditional Lanzarote architecture, and a large fireplace/barbecue.
Each dining room preserves pitched roofs, traditional Canarian stone walls, and decorative elements linked to rural heritage. Some rooms serve as breakfast areas for the hotel, while others operate independently for external clientele.
The kitchen area is fully equipped and includes:
Large extraction hood
Preparation area
Three cold storage chambers (prepared food, fruit/vegetables, and freezing)
Storage rooms and pantries for supplies
INVESTMENT POTENTIAL
For many years, this complex was a landmark venue in Yaiza for celebrations, weddings, and tour operator events. It is currently operated on a reduced scale, opening the door to a strong repositioning strategy: a high-end boutique hotel, experiential tourism, cultural events, or signature gastronomy, all within a consolidated legal framework.
The property is transferred with active Emblematic Hotel and Restaurant licences.
HISTORICAL VALUE AND CULTURAL LEGACY
The complex consists of two main buildings and several auxiliary structures, preserved and rehabilitated in accordance with traditional island architecture. Original elements forming part of the history of Yaiza and Lanzarote are carefully maintained.
Among the buildings are two original constructions dating back to around 1700, remains of an old farmhouse that survived the historic Timanfaya volcanic eruptions (1730-1736), which gave rise to the Fire Mountains and the Timanfaya National Park. This fact grants the property an exceptional and rare historical value.
In the 1970s, these buildings attracted the interest of Cesar Manrique, who was deeply committed to preserving Lanzarote's architectural heritage. He was particularly drawn to the surviving elements of the old rural estate and the authenticity of the ensemble, aligned with his principles of landscape integration, respect for traditional construction, and organic use of space.
Although adapted for tourist use, the property retains its traditional aesthetic, volumes, and architectural essence, reflected in interior patios, whitewashed walls, volcanic stone, curved forms, and spaces conceived for calm and social interaction.
This is a heritage asset with history, consolidated licences, and strong growth potential, ideal for investors seeking a unique hotel project with identity and high revaluation prospects.
For further information, technical documentation, or to arrange a private viewing, please contact us directly.
