Magnificent house that its owners entrust us with, built some 50 years ago by the artist Jesús Soto in Nazaret, municipality of Teguise, which was once the fleeting refuge of the fantastic actor Omar Sharif, who fell in love with the property as soon as he arrived in Lanzarote for filming.
Fifty years ago the artist Jesús Soto visited the volcanic ash quarry, and considered it a unique space to design and build an extraordinary house, such as LagOmar.
The property consists of different parts that together form a unique space of spectacular beauty:
Plot 1: 2202 square metres and 310 built in 4 dwellings, patio and common areas, with private swimming pool apart from the main pool of the complex.
Plot 2: With 3061 square meters and 220 square meters built, in various constructions, such as the restaurant, an exhibition cave, a pub, … .
Plot 3: with 1459 square metres, where exactly two tennis courts of approved dimensions are located. There is the possibility of building tourist housing on this plot, which would significantly increase the income of the complex.
Its future owner will be able to enjoy a unique space in the world, with a confusing Lanzarote architectural flavour, whose maximum architect was our beloved César Manrique, with experiences very similar to those of his house museum located in Tahiche.
But we also see it as a good business, which given its income (entrance fees to the complex, restaurant, bars, exhibition hall,…) raises the profitability to interesting ratios, being able to amortize its price in a period of 7 to 8 years, with the current income.
Certainly the most exclusive and extraordinary property on Lanzarote.
Documentation regarding exploitation will be offered to potential clients in a personal interview. We can also offer additional photos.
A property with the label “Recommended by IZADI® LUXURY REALTY”.
Property published in 16 languages on prestigious international real estate websites.
Following Spanish regulations, IZADI® Luxury Realty’s fees are paid by the owners in the case of sales, and by the tenants in the case of rentals.