Feel History. Live your Story.


Discover the luxury of simplicity.

Harmony, tranquility and peace.

A quiet place,


Enjoying another


Feeling the magic of a unique island,


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Get 10% discount with your next reservation using the promo code: PALACIOICO2020

Palace Ico. Feel the History.

On the volcanic island of Lanzarote, surrounded by the cobblestone streets of the Historic Villa of Teguise, Palacio Ico awaits you. An exclusive Boutique Hotel designed to make you feel unique and special, like each of our 9 suites and rooms.

The building that today occupies Palacio Ico was built around 1690 and has been carefully restored to make all the elements of traditional Canarian architecture shine and preserve. César Manrique, the most international artist of Lanzarote, included in 1973 this property in “Lanzarote, unpublished architecture”, a reference book of insular architecture.

Stroll through our Canary-eye patio, feel the warmth of the wooden tea and mulberry floors, lose your sight in the coffered ceilings of more than four meters high, listen to the silence provided by its wide stone walls… You’re in history. Feel it.

Free Wifi

Free Wifi for our guests in the whole hotel!

Room Service

Enjoy our room service. Don’t worry about nothing, relax and enjoy!

Free Parking

Park your car for free right in front of the hotel.

Check-in & check-out flexible

Consult previously.


We created 9 rooms only, trying to preserve the original size of the spaces, designed in a rational, minimal way combined with natural elements.

Suite 09

Very special feelings waking up under the wooden ceiling of more than 4 meters of height. The bathroom in microcement is integrated in the suite. Natural materials and a wooden canopy bed. Reservations

Price Per Night: 170 /per night


Spacious suite of 46m2 with very special charm. Intimate and cozy private patio of 33m2. Big bathroom with 20m2 in green marble. Reservations

Price Per Night: 170 /per night

Ico Lounge

A comfortable lounge where you can share experiences with other travelers.

Where to savor our a la carte breakfasts made by hand with Km.0 products.

Enjoy a glass of Lanzarote wine with a good aperitif.

Where to work, write or relax reading a book in an inspiring environment.

A place with art for you to feel our history and live your history.

Hotel address and map


“Timanfaya is the only place in the world, among those I know, where the tired saying that an image is worth a thousand words takes on full meaning”.

J. Saramago. Escritor.

“I visited Lanzarote, in the company of César Manrique. The island is one of the few places in the world where we can still contemplate the surface of our planet in the embryonic state, that it should have had millions of years ago, when perhaps man had not made it’s appearance on earth, the island was already a complete work of art. ”

Fernando Higueras. Arquitecto.

“The island itself is sublime in art”.

Pancho Lasso. Escultor.

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