Kategora Real Estate has officially started construction on Kora Maresía, its new complex on the front line of the eastern coast of Lanzarote, in Costa Teguise.
This privileged enclave next to Jablillo beach and just a few minutes from Las Cucharas beach will be the setting for a new complex of 22,000 square meters built on a plot of 17,625 m².
With a total investment of 46 million euros, the complex is currently in the marketing phase, with more than 60% of the units sold, and is scheduled to open in 2027.
The action involves the reactivation of a previously approved project, to which "a more sustainable, inclusive and respectful vision of the island environment" is incorporated, explain sources from the developer.
Kora Maresía will have an extra-hotel license on tertiary land and will be operated by the hotel management company Kategora Real Estate, Kora Living.
The complex will have 144 lodging units distributed in nine different types, with one, two, or three bedrooms, and with areas ranging between 78 square meters and 266—including large private terraces with views of the Atlantic Ocean.
According to the developer, the project projects a "profitability of around 6.5%", with units available from 315,000 euros.
Contemporary Architecture and Local Sensibility
The architectural design of Kora Maresía has been developed by the local studio ISOC, in collaboration with the international studio HofmanDujardin.
This union has given rise to "a project that merges contemporary architecture with local sensibility, inspired by the island's timeless aesthetic and adapted to the force of the Lanzarote landscape."
In this way, "the morphology of the complex, its materiality and proportion seek harmony with the volcanic and marine context of the island," the company explains.
"The clean lines, earthy tones, and horizontality of the volume evoke an architecture that could have sprung from the earth itself," notes Eneko Balda, Chief Development Officer of Kategora Real Estate.
Interior design with noble and local materials
HofmanDujardin also designed the interiors of the complex, where "noble and local materials such as volcanic stone, wood used traditionally, and natural fibers such as palm leaves" predominate.
This aesthetic is reflected in each of the lodging units, "combining aesthetics, comfort, and functionality, with spacious terraces that offer a private outdoor space."
On the other hand, the complex will have 12,700 meters of common areas, designed as multi-purpose spaces "where various activities will be carried out to encourage interaction between guests."
Among them, there are three outdoor pools (ranging from 450 to 1,765 square feet), more than 91,000 square feet of gardens, open terraces such as the reception area, wellness spaces, a gastronomic area, a gourmet market with locally sourced products, and coworking spaces, among others. In addition, the complex will have 152 parking spaces.
The landscape proposal was conceived by the local studio La Tarde Paisaje, "specialized in developing unique projects adapted to each climate.”
Native vegetation in gardens, terraces, patios, and rooftops
For Kora Maresía, they have designed "a multisensory plant route based on native species capable of stimulating the senses and promoting island biodiversity, while reducing water consumption."
The vegetation is not limited to the garden; it is present on terraces, patios, roofs, and transition zones, “turning the entire complex into a tribute to the Canarian landscape.”
"Furthermore, Kora Maresía's layout makes the sea an extension of each apartment, with unprecedented views." For this reason, Kategora Real Estate is going to carry out an action that "will allow the recovery and valorization of a previously degraded coastal front, transforming it into a space of landscape, cultural and environmental value, as well as integration with the existing promenade."
"Recovering this enclave and restoring its value as an open space to the sea is part of our commitment to the island," says Kepa Apraiz, CEO and founder of Kategora Real Estate.
This comprehensive vision not only responds to aesthetics, but also "forms part of the Basque company's environmental commitment." Kora Maresía has been conceived as a sustainable building, both in its construction and its future management.
It will incorporate active and passive solutions that achieve sustainable operation, such as a thermal envelope, high energy efficiency lighting systems, solar panels with a capacity of 100 kWh, and a Seawater Desalination Plant (EDAM), currently in the administrative processing phase.
According to the Chief Development Officer of Kategora Real Estate, this implementation "will cover practically 100% of the water consumption of the complex, whether for swimming pools, irrigation, or sanitary uses." Likewise, sustainable mobility will be encouraged with a bicycle parking area with more than 40 spaces.