Exceptional Duplex Penthouse in the Heart of Charco de San Ginés, Arrecife

Price: €590,000 Ref. 00100

A truly outstanding property in one of Lanzarote’s most sought-after locations. This exclusive duplex penthouse offers a rare opportunity to acquire a high-end residence overlooking the iconic Charco de San Ginés, one of the most charming and atmospheric enclaves in Arrecife, the island’s vibrant capital.

Just steps from the picturesque lagoon, surrounded by renowned tapas bars, cafés and restaurants, the property also enjoys close proximity to Marina Lanzarote, the island’s main yacht harbour, Playa El Reducto beach, and a full range of shopping, dining and leisure amenities.

Occupying the top two floors of an elegant two-unit townhouse, the penthouse offers approximately 234 m² of refined living space, designed to deliver comfort, privacy and timeless quality. The residence features three spacious bedrooms, each with built-in wardrobes or walk-in dressing rooms and luxury en-suite bathrooms fitted with high-quality showers or bathtubs. A separate guest toilet completes the layout.

The upper level is dedicated to an impressive living and entertaining area, comprising a bright and expansive living room with fireplace, opening onto a generous terrace with pergola and views over Charco de San Ginés—ideal for al fresco dining and relaxed island living. This floor also includes a large dining area and a contemporary open-plan kitchen equipped with premium appliances.

The lower level accommodates the three en-suite bedrooms along with a practical and discreet utility room.

Finished to an exceptional standard throughout, the property features parquet flooring, aluminium-framed windows, an integrated alarm system, built-in sound system, video intercom, and high-speed internet connectivity. Additional highlights include an integrated private garage and the potential to add an additional floor, subject to planning approval.

The penthouse is offered partially furnished, has been immaculately maintained, and is presented in excellent overall condition.

Furthermore, there is the option to acquire a separate, fully self-contained three-bedroom apartment occupying the lower floors of the building. This unit offers a spacious living-dining area, a modern open-plan kitchen, a generous master suite with en-suite bathroom and walk-in wardrobe, plus two additional en-suite bedrooms on the ground floor. For the past seven years, this apartment has been successfully operated as a fully licensed and profitable holiday rental, representing an attractive turnkey investment opportunity with an established income stream.

A rare and distinctive property combining prime location, architectural elegance, lifestyle appeal and investment potential—one of the finest residential offerings currently available in Arrecife.

Basic features
234 m² built
3 bedrooms
4 bathrooms
Terrace
Parking space included in the price
Second hand/good condition
Fitted wardrobes
Storage room
Building
3rd floor interior
No lift
Amenities
Air conditioning
Energy performance certificate
In process