Property Details

PALACIO DEL MARQUÉS Restaurant, Calle Herrera y Rojas, Villa de Teguise

¤850,000 Freehold

Reference number: CT 9387

Enquire about this property

  • Historical Restaurant
  • Swimming Pool
  • Fabulous Opportunity
  • Living Accommodation
  • Private Terraces and Gardens
  • Private Wine Collection Sold Separately

This is a rare opportunity to obtain this magnificent historical restaurant/property and with new vision to take this business to another level. There are several rooms within the property that could become multiple dining options. This property has to be viewed to see the fabulous opportunity it has to offer. There are fantastic private living quarters within the building and a swimming pool. Private terraces, gardens and sunbathing areas.

There is a private vintage wine collection of around 4000 bottles within the building which is being sold separately to the asking price of the property. All serious offer will be considered for the complete wine collection.

Please contact to place your offer on the wine.


This magnificent building, known today as the PALACIO DEL MARQUÉS, was finished in 1455 after taking 32 years to build, making it one the oldest buildings in Lanzarote. It was the head quarters of the Canarian government for 270 years as well as serving other purposes. Today the wonderful PALACIO, it's colorful courtyards, private rooms and secret passage ways, has become a Mecca for wine experts as well as those interested in history.

A reminder of the past history of the house is the love letter chiselled out of the magma stone in a room by MACIOT DE BETHENCOURT and dedicated to the Princess of TEGUISE, the daughter of the last Guanche king. There is a secret meeting hall underneath the PALACIO (old craftsmen, who helped to renovate spoke about it very excited because they played in the hall when they were children). The inhabitants would flee into this underground room when pirates attacked in order to reach safety in the Castillo Santa Barbara by means of a tunnel.
La Villa de Teguise was the original capital of Lanzarote and is full of history and charm with cobbled streets and terracotta tiled roofs. Offering breathtaking views from its elevated position and the place comes alive on Sundays with the famous market.

Additional Information

For further information on this business please e-mail
quoting the reference number CT9387