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Published:
January 9, 2026
3+ month old

Iconic Heritage Estate in Yaiza, Lanzarote

Rooms

11

Space (m²)

1200

Price (€)

3000000
→ Contact seller

Highlights

  • Emblematic heritage hotel in the historic village of Yaiza
  • 11 en-suite guest rooms, licensed expansion up to 19 rooms
  • Approx. 1,200 m² built area on a 4,000 m² plot
  • Iconic 450 m² central courtyard inspired by César Manrique
  • Fully licensed Canarian restaurant with independent access
  • Exceptional historical value, origins dating back to the 1700s
  • Turnkey asset with strong repositioning and upscale potential

Public reviews

👍 Positive feedback from guests

  • Unique artistic character: Guests consistently praise the Manrique-inspired design, traditional architecture, and intimate courtyard atmosphere.
  • Spacious, comfortable rooms: Reviews highlight large rooms, comfortable beds, excellent showers, and thoughtful traditional décor.
  • Warm, personal hospitality: Staff and hosts are frequently described as friendly, attentive, and genuinely welcoming.
  • Peaceful central location: Yaiza setting appreciated for tranquility, proximity to Timanfaya, restaurants, and island-wide access by car.
  • High-quality breakfast experience: Many guests commend tasty breakfasts, pleasant courtyard setting, and attentive breakfast service.
  • Good value for money: Guests repeatedly note reasonable pricing relative to room quality, character, and overall experience.

👎 Negative feedback from guests

  • Limited breakfast variety: Guests mention repetitive options, especially noticeable during longer stays.
  • Navigation and arrival challenges: Property is difficult to find in the dark; clearer directions or signage are needed.
  • Minor room amenities missing: Guests mention lack of kettles, tea/coffee facilities, or small bathroom conveniences.

✍️ Description from the real estate agent

This exceptional hotel asset is located in the heart of the historic village of Yaiza, set on a plot of approximately 4,000 m², and represents a property of remarkable heritage value on the island of Lanzarote. The complex comprises a fully operational emblematic hotel, a traditional Canarian restaurant, and several buildings deeply connected to the island’s history.

The hotel features a private and independent entrance, a reception area, and exclusive parking for guests. At its core lies a central inner courtyard of approximately 450 m², surrounded by vegetation, mature trees, and perimeter pergolas with outdoor seating, conceived as a peaceful oasis within the village. The 11 rooms currently in operation are arranged around this courtyard, each with a private bathroom, built-in concrete beds inspired by César Manrique’s style, individual hot and cold air conditioning, and Wi-Fi.

The property also includes storage areas and staff accommodation with the potential to be converted into four additional independent rooms, all with en-suite bathrooms, as well as an adjacent residential unit within the same property that offers the possibility of creating two additional bedrooms. The establishment holds an Emblematic Hotel licence authorising up to 19 rooms, allowing for expansion within the existing regulatory framework.

Common areas and services include a fully operational on-site laundry room, two septic tanks serving the hotel, and shared bathroom facilities designed in a Manrique-inspired style. These include a ground-floor bathroom adapted for guests with reduced mobility and separate facilities for men and women, characterised by curved walls, organic volumes, and traditional island aesthetics.

Attached to the hotel and accessed independently is 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 typical of Lanzarote architecture, along with a large fireplace and barbecue. The dining rooms preserve pitched roofs, Canarian stone walls, and decorative elements rooted in rural tradition. Some rooms are used for the hotel’s breakfast service, while others operate independently for the general public. The kitchen is fully equipped and includes a large extraction hood, preparation area, three cold storage chambers, and dedicated storage and pantry spaces.

For many years, this complex served as a landmark venue in Yaiza for celebrations, weddings, and tour operator events. Currently operating on a reduced scale, it offers clear potential for repositioning as a high-end boutique hotel, an experiential tourism concept, a cultural venue, or a signature gastronomic destination, all within a consolidated legal framework. The property is transferred with active Emblematic Hotel and Restaurant licences.

The complex consists of two main buildings and several auxiliary structures, preserved and rehabilitated in accordance with traditional island architecture. Among them are two original buildings dating back to around 1700, remnants of an old farmhouse that survived the historic Timanfaya volcanic eruptions of 1730–1736, which shaped the Fire Mountains and today’s Timanfaya National Park. In the 1970s, these buildings drew the interest of César Manrique, who valued their authenticity and alignment with his principles of landscape integration, respect for traditional construction, and organic use of space. Despite its adaptation for tourism, the property retains its original aesthetic, volumes, and architectural essence through interior patios, whitewashed walls, volcanic stone, curved forms, and spaces designed for calm and social connection.

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