ACM Prime

Marques Palace


A unique and historic property in Lanzarote, located in the beautiful old capital of Teguise.

Historical Palace
Private parking
Ample terraces

Property Description

ACM Prime presents you this unique and historic building in Lanzarote, located in the beautiful and ancient capital of Teguise.

The Palacio del Marqués offers a constructed area of ​​more than 800 m2. It houses many fascinating cultural traits of the nobility of the Canary Islands. Built in the early 15th century, this building was the seat of the Government of the Canary Islands for more than 200 years, until it was destroyed and burned by marauding pirates in the 16th century. Reconstruction of the palace began in 1618, designed and built by some of the best architects, stonemasons and carpenters of the time.

Many of its distinctive doors, ceiling beams, and African hardwood floors are original to the reconstruction over 400 years ago. There's even a secret passage leading to the Castillo de Santa Bárbara, the imposing fortress built on top of the Guanapay volcano. In its oldest part we find archaeological hallmarks of the Guanches, ancient aborigines of the Canary Islands, a stone with podomorphic engravings to which magical powers are attributed.

The palace currently offers a romantic wine patio with a restaurant license in operation with several rooms, industrial kitchen, two toilets, two warehouses and a pool of approximately 8 x 6 m in size. The main house consists of 2 large bedrooms on the ground floor, a gas kitchen with a dining area, a cozy and spacious living room with an authentic 16th century fireplace and a 400-year-old wardrobe, a wine cellar, a room with a sauna, a storage room It can be converted into an apartment, a bathroom, another toilet and a garage with automatic doors.

On the upper floor is the spectacular master suite with a wooden ceiling, an ensuite bathroom and another spacious living room with a wooden ceiling and access to the large solarium that houses a main cistern. From there we have access to the interior garden of the palace with various fruit trees. such as figs, mangoes, lemons and Malvasía grape vines.

It offers many business ideas and without a doubt a good investment to house the best Boutique hotel with a lot of history on the island.

Equipment and Particularities

5 rooms

4 toilets

3 bathrooms

3 bedrooms

Private pool


Multiple terraces



Cabinets of over 400 years old

Current restaurant licence

Marques Palace

Diana Elfi Schmitt
Real Estate Advisor & Partner "CRE"

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