Flat in Arrecife, Lanzarote [Ref 626034]

Ref. MLS-626034 🔗

Arrecife, Lanzarote

230.000€

105m²

Spacious 4-bedroom social housing property in Arrecife – Spacious, comfortable and offering great potentialIf you’re looking for a spacious home for your family, with good transport links and all amenities just a few minutes away, this property could be an excellent opportunity.

Located on the first floor of a quiet residential building inhabited by long-standing residents, this home stands out for its generous size, its functional layout and the many possibilities for modernisation to bring it in line with contemporary tastes.

Layout and features

Approximately 105 m² of floor space.

4 external bedrooms with windows and good natural ventilation.

2 full bathrooms (one of which is currently used as a storage room or utility space).

Separate kitchen with ventilation opening onto a light well.

Spacious living-dining room with an enclosed terrace, creating a very bright and spacious room.

Private storage room of approximately 20 m² in the basement, ideal for bicycles, tools, filing or family storage.

A property with great potential

The property is in a habitable condition and is ready to move into from day one. However, a cosmetic update could transform it into a modern, comfortable and very attractive home.

Its layout, spaciousness and brightness provide an excellent foundation for making gradual improvements without the need for an immediate full-scale renovation.

Location

The property is situated in an established area of Arrecife, with easy access to:
• Primary and secondary schools.
• Supermarkets and shops.
• Courts and public bodies.
• Medical centres and pharmacies.
• Public transport.
• Quick access to the island’s main transport links.

A convenient location for those looking to live close to everything without having to travel far.

Social Housing (VPO)

This property is classified as Social Housing (VPO), meaning the sale is subject to the requirements set out in current regulations.

Among other requirements, the buyer must:

• Be registered on the Canary Islands Public Register of Applicants for Social Housing.
• Neither the buyer nor their spouse may own another property.
• Meet the income limits set by the applicable regulations.

Our team can advise you on the procedures and requirements necessary for the purchase.

Important information regarding the images published

Some of the images included in this advertisement are virtual renderings and decorative proposals designed to illustrate the property’s potential following a possible refurbishment or renovation.

These images are for illustrative purposes only and do not necessarily reflect the property’s current condition.

A rare opportunity

Four-bedroom homes, with over 100 m² of floor space and a separate storage room, are becoming increasingly scarce on the Arrecife market. An ideal option for families needing space, buyers looking for a spacious main residence, or those wishing to invest in a property with potential for appreciation through improvements.

The information provided is for guidance only and may be subject to errors or unintentional omissions.

The sale price does not include taxes, notary fees, registration fees or any other costs arising from the sale.