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

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