The real estate portal Idealista has published the sale announcement of the old cinema of La Villa de Teguise, a unique property located in the historic center of the municipality, with a price of 1,580,000 euros.
According to the information gathered in the advertisement, the property has an area of 536 square meters, four bedrooms and is cataloged as a luxury home. The building corresponds to the old Teguise Cinema, inaugurated between 1969 and 1970.
The announcement highlights that it is a space with more than 500 square meters that preserves the spaciousness of its stage as a cinema hall. Currently, the property is transformed into an oriental furniture and antiques store.
The description also highlights the historical value of the building, which it defines as a place linked to generations and to the cultural life of Lanzarote, maintaining its original character despite the change of use.
The property is presented on the market as a unique property due to its size, its location in the historic center, and its past as a former cinema.
