Description
CINE DE TEGUISE
Iconic mixed-use property (commercial and/or loft)
SoTradesForYou, a French estate agency in Lanzarote, presents this unique property for sale in the heart of the historic center of La Villa de Teguise: “El Cine de Teguise”, the village’s former cinema, ideally located in the old capital of Lanzarote.
Opened in the late 1960s (1969/1970), this historic venue has been part of local cultural life laughter, emotions, encounters. Today, it retains a rare presence: large volumes, character, a real soul.
A remarkable space of over 500 m²
With over 500 m² of floor space, the property offers exceptional scope. The former cinema has been elegantly converted into a shop/showroom dedicated to oriental furniture and antiques, in an atmosphere that is serene, inspiring and unique.
A clear and versatile layout
The property is being sold as a whole and comprises:
Ground floor: a commercial area (current activity: oriental furniture & antiques)
1st floor: a living/office space of approximately 58 m²
A particularly relevant format in Lanzarote for those who wish to combine business, heritage and potential, while exploiting a location with a strong identity (shop, concept store, gallery, showroom, hybrid project… and why not a loft, depending on the project and authorizations).
Sale price: €1,580,000
Option to take over stock: + €200,000 (if the buyer wishes to acquire all the merchandise and continue the business)
The advantages of the location
Sought-after location: historic center of Teguise
Emblematic building steeped in history
Large surface area and volume: over 500 m² of floor space with impressive high ceilings.
Flexibility of use: continuity of business (stock option) or development of a new concept
And if you’re short on ideas, don’t worry, we have plenty — and we love projects with panache.
Important information: taxes, financing costs, notary fees, registration and other costs related to the sale are not included.
Viewings & information
Contact us to arrange a viewing:
📧 contact@sotradesforyou.com
📞 ES: +34 628 636 824 — 📞 FR: +33 760 844 464
