Excellent opportunity to purchase a large and spacious Lanzarote Villa
The property is being offered freehold with no chain and the whole house is presented in an up-to-date legal Escritura.
The property comes complete with all furniture, fixtures and fitting - only personal belonging will be removed.
The current occupiers / owners have owned the property for many years and have spent a great deal of time, money and effort over this period renovating the villa inside and out and also the surrounding land to a high standard. The owners now wish to down-size and retire after many happy years here.
The ground floor of the villa comprises of 4 separate holiday rental apartments - Two x 2 bedroom apartments and Two x 1 bedroom apartments each with their own bathroom, kitchen and living / dining areas. The rental apartments are well established and have been let out for several years. Successful purchaser will be given free, life-time advertising of these or any additional rental apartments added to the property on Canary Islands Property Services (CIPS) Ltd's group of holiday rental websites and media sources should they require it. Further details of each apartment can be found below.
A Large lower Terrace with illuminated and balustraded garden area
Large mature - easily maintained gardens with a large variety of plants and fruit trees
'Green Water' taps all around the grounds for watering
Swimming Pool with surrounding Sun Terrace
Sunken low noise machine filter room
Efficient solar heating
Outside shower
Night-time underwater lighting
Garage
Workshop
Outbuildings
3 Kennels
Large Aljibe (underground fresh water storage)
Balustraded Barbecue area
2 Entrances and Large Parking areas (min 12 cars)
Telephone lines / Broadband Internet
Intercom entry system
Layout of the Villa
The image below is a sketch plan (not to scale) of the villa showing its layout in relation to the grounds. The image below is a sketch plan (not to scale) of the first/upper floor showing the layout of room arrangements. The image below is a sketch plan (not to scale) of the ground floor of the villa showing layout of room arrangements.
The villa is surrounded by large, mature, easily managed gardens which include the following:
Mangoes, Oranges, Lemons, Coconuts, Date Palms, Vines, Guavas, Pomegranates, Tangerines, Frangipanis plus a selection of trees, bushes and flowers.
There are 'Green Water' taps all around the grounds for watering.
To the South of the Villa in the centre of the villa grounds is a large 11 metre by 5 metre Swimming Pool - surrounded by a tiled Sun Terrace on all sides. The Pool comes fully equipped with Sun lounger beds, Parasols, roller cover, sunken low noise machine filter room, efficient solar heating, outdoor shower and night-time underwater lighting. For extra privacy and security the Pool is also enclosed on all sides by stone walls and detailed wrought iron fencing and gate.
Within the grounds of the Villa are also a Garage, Workshop, Out-buildings, 3 Kennels, a large Aljibe (underground fresh water storage) and balustraded Barbecue area.
There are two entrances to the villa with Intercom entry system and large parking areas that would easily accommodate 12 cars.
The Whole property and gardens are illuminated at night by over 30 lights.
The upper floor level of the villa is occupied by the current owners as a single, large accommodation and comprises of:
4 Bedrooms, 2 Bathrooms, Sitting room, Lounge, Sunken dining area, Hallway, Office, Kitchen, Utility room, Laundry room and two terraces. Patio doors lead from the lounge area on to the South facing terrace overlooking the pool while a second set of patio doors lead out on to the West facing terrace both terraces having excellent views of the surrounding landscape and ocean.
There is the possibility to gain a further rental income from this property by: either renting out this floor as a large accommodation or splitting into several smaller apartments! (see upper floor sketch plan above)
South facing patio area and front entrance to first floor
Entrance to Lounge and Lounge pictures
Sunken dining area
Sitting room
Kitchen
Hallway to bedrooms and viewing gallery to ground floor
Bedroom One
Bedroom Two
Bathroom One
Bedroom Three
Bedroom Four
Office and Store room
There is also a Utility Room and Laundry room not shown in the pictures above.
A full tour of the Villa can be seen in the video at the bottom of this page. click here
Villa Ground floor level - 4 X Rental Apartments
The ground floor level of the villa is currently used and sucessfully let out as 4 separate holiday rental apartments. There are 2 x two bedroom apartments and 2 x one bedroom apartments each with their own bathroom, kitchen and lounge / dining area. The rental apartments within the villa area ideal for letting out as single occupancy, to larger groups or families wanting to be in the same location or wedding parties - to name but a few.
The Apartments
All the apartments face south and benefit from daylong sunshine. Apartments 1 and 4 each have 2 single beds, and sofa beds. Apartments 2 and 3 each have 2 single beds, 1 double bed and sofa beds. There are numerous extra beds, a cot and other items that will be included in the sale, all linen, towels, crockery etc.
All apartments have sufficient equipment for a luxurious self catering holiday and all guests have use of a laundry room with washing machine and each apartment has its own ironing board and iron. Apartments are equipped with ceramic hobs, microwave ovens, extractor fans, toasters and fridge freezers, all of which will remain.
All equipment including hairdryers, fans, and bathroom and kitchen fittings will be left by the owners, and TVs, video recorders and stereo systems. All the furniture in the apartments will be left, to include all the beds, dining tables, sofas, bedside tables etc. and all light fittings, lamps, pictures etc.
Sunloungers around the pool will be left and there is a permanent barbecue and a very efficient free standing Spanish style barbecue both of which will remain. A large sunshade in the pool area plus chairs and tables for use on the terraces (all apartments have terrace areas) are included in the sale. In short, nothing will be removed from the 'business' areas of the house.
Apartment 1 photos (one bedroom)
The Lounge
Dining area and Kitchen
Bedroom and Bathroom
Apartment 2 photos (two bedroom)
Dining area and Lounge
Kitchen and Lounge
Bedroom one and Bathroom
Bathroom, doorway leading to bedroom one and bedroom two
Apartment 3 photos (two bedroom)
Kitchen and Lounge
Dining area
Bedroom one (double)
Bedroom two (twin)
Kitchen and Bathroom
Apartment 4 photos (one bedroom)
Lounge, dining area and kitchen
Bedroom
Bathroom
Apartments are much larger than the usual holiday lets and all have new windows, doors, kitchens and bathrooms. Each apartment is equipped with Satellite TV, Hairdryers, Microwave ovens, Toasters, Fridge Freezers, Videos and Games, Ceramic Hobs and Extractor Fans
Potential rental income from apartments
2 x 1 bedroomed and 2 x 2 bedroomed - GBP 1,400 / EUR 1,610 (12 people) - per week.
2 x 1 bedroomed and 2 x 2 bedroomed - GBP 1,850 / EUR 2,128 (18 people) - per week
GBP 5,600 / EUR 6,441 (12 people) - per month
GBP 7,400 / EUR 8,512 (18 people) - per month
GBP 72,800 / EUR 83,747 (12 people) - per year
GBP 96,200 / EUR 110,682 (18 people) - per year
Note: No 1 apartment could be made into a 2 bedroomed apartment by adding just one wall ( no planning is needed as not outside the footprint of the property) this would yield another GBP 100 / EUR 115 per week minimum (no extra persons) - 5.200 GBP / EUR 5,984 taking letting downstairs alone to over GBP 100,000 / EUR 115,059.
PLUS + Should the upper level be let as one unit, it has a potential worth of at least 1000 GB pounds per week (6+ bedrooms)
This would equate to another 52,000 / EUR 59,825 to the possible turnover - yielding GBP 148.200 / EUR 170,500 or GBP 153,400 / EUR 176,478 should apartment 1 be converted to a two bedroom.
The Villa - General Info
Much of the furniture in the house will be included in the sale, but it will depend on how well furnished the owner's future home is before it can be decided which items will remain.
The Villa was built in 1981. It was purchased in November 2003 by the current owners and the apartments were completely refurbished to include new kitchens, bathrooms, doors and windows. Three phase electricity and new PVC water pipes were installed in 2007.
Marble and wood is used throughout the villa and is of the highest quality.
All windows have tinted glass and all bedroom windows upstairs have shutters. Solar heating has been installed to heat the pool and the whole house is in pristine condition. Vacant possession can be arranged in accordance to the needs of any prospective buyer.
There are advance bookings on the rental apartments, but we can refund deposits if the buyers do not wish to continue the holiday letting business. As we get a lot of repeat bookings (many of whom ring up very close to when they wish to stay) it is not a huge problem.
The sketch plans above are NOT to scale, for instance, upstairs the bedrooms are actually very similar in size and ALL 10 bedrooms will easily take double or single beds.
The villa has huge built-in wardrobes and are also a feature of the bedrooms. There are many large built-in cupboards throughout the house.
The upstairs bathrooms have sunken baths and the apartment bathrooms have spacious showers. There are bidets in all bathrooms amd ample extra rooms upstairs to add further bedrooms.
The house is situated equidistant between the golf course at Costa Tequise and the new one at Puerto Del Carmen - it is a 10 minute drive to either.
Views from the terrace are spectacular, and include the islands of Los Lobos and Fuerteventura
2538 SQ. METRE PLOT & 539.60 SQ. METRE BUILT AREA.
Location is central for all island amenities, and 10 minutes drive from an English school. Large shops and supermarkets are also close by.
Investment opportunities - Commercial Ventures
There are several commercial enterprises already established in the area and San Bartolome Ayuntamiento have been approached about the granting of a commercial licence and in principal there are no problems.
Land in the area is currently selling at 900 euros per sq.metre for commercial use.
Lanzarote is on the verge of major development and improvement, through introduction of flights from places previously not served by direct flights, the likelihood of offshore oil investment and of course continued and enhanced tourism.
Businesses suited to this kind of property would include but are not limited to the followig:
Company headquarters, Dental Practices, Day Care Centre, English Guarderia, Insurance agency, Law Offices, Veterinary Practice, Dive Academy, Architect Offices, Doctor's Surgery, Language School, Health and Beauty Centre to include massage and personal training, Physiotherapy, Cookery School, Corporate team building venue, Recording studios, and many types of Clinic.
The villa would also be an ideal venue for a Specialist Outdoor Activity Centre, to include Para Gliding, Surfing, Golf, Sailing, Cycling, Horse riding, Diving etc. - having ample parking areas and space to store associated specialist equipment. These activities could also include Corporate Team Building events as large numbers of residents can be accommodated.
SELLING PRICE - 1.500,000 euros (1.5 million euro) or nearest offer (O.N.O).
Please contact: Terry at casa@cipsgroup.co.uk for further details or to arrange viewing.
TAKE A TOUR AROUND THE VILLA USING THE VIDEO BELOW
