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Where to eat at and around Hotel Boutique Palacio Ico

Palacio Ico's own dining room is the reason many people book: two tasting menus of Lanzarote produce from chef Víctor Valverde, recommended by MICHELIN and holding a Repsol Sol, served at dinner from Monday to Friday and closed at weekends. Book it with the room. On Saturday and Sunday, and on any night you want something simpler, the old town is on the doorstep: every place below is within six minutes on foot, and two of them hold Repsol Soletes. For fish by the sea, drive to the coast; Famara is 14 minutes away.

Palacio Ico

The tables at this hotel that are a reason to come, and how hard they are to get.

Hotel Boutique Palacio Ico: Breakfast laid out at the table
Michelin recommendedChef Víctor ValverdeTasting menus of Lanzarote produce

The reason many people book the house. Chef Víctor Valverde, who trained with Martín Berasategui and Sergi Arola, cooks two tasting menus, one long and one short, that change with the seasons and stay close to the island: La Santa prawns and carabineros, Uga smoked salmon, Lanzarote octopus, cherne and Canarian black pig, with a wine list strong on small-grower champagne and Canarian bottles. The dining room is open to non-residents, and it does not serve every night, so book the table when you book the room.

Book well ahead: tables go weeks out

On our shortlists

Within ten minutes on foot

  • Ikarus

    1 min walk

    Spanish cooking in an old Teguise house, with a Repsol Solete · €€

    Across the little square from the hotel, a restaurant in a typical Teguise mansion with gates, shutters, high ceilings and tables in its courtyard, open since December 2014 and holding a Repsol Solete. The cooking is traditional Spanish brought up to date, built on island fish and slow-cooked stews. Order the tuna tataki, the La Santa red prawns, the millefeuille of camembert and foie or the cherne in squid sauce, and the torrija of rice pudding to finish. Dinner from Tuesday to Saturday, lunch from Thursday to Sunday; closed on Monday. It is the answer on a Saturday night, and it is worth booking.

    Reserve aheadPlaza Clavijo y Fajardo 6

  • Wine bar and small plates, with a Repsol Solete · €€

    A bodega two minutes from the door, with a Repsol Solete for a glass of wine or a beer and original things to pick at. Drink a Lanzarote malvasía volcánica and order the hummus and the flan de la huerta, the garden flan Repsol singles out, then the burrata salad with walnuts and prunes, the board of cured meats and cheeses or the Iberian pork cheek. There are vegan dishes, a bright interior and a patio. The menu is short and prices run a little above the island norm, so ask the price of the local wine by the glass. Ring ahead for the day's hours.

    Walk inCalle la Cruz 5

  • Canarian tapas and a tasting menu · €€

    A warm, homely Canarian kitchen on a small square, with a terrace, cooking island food as tapas to share or as a tasting menu. Order the aubergines with palm honey, then the octopus, the croquettes and the fried cheese, with the fish of the day or a piece of meat if you are hungry. There are vegetarian dishes and menus in several languages. It opens from late morning into the evening, but its own site also gives a shorter day, to 5pm, on Wednesday and Sunday, so check before going for dinner on those days. Book online or by phone.

    Reserve aheadPlaza Maciot de Bethencourt 2

  • Acatife

    4 min walk

    The town's oldest restaurant, Canarian cooking · €€

    Opened in 1961 in an old mansion facing the church of Nuestra Señora de Guadalupe, and run by the Duque family since the year after, Acatife is the oldest restaurant in Teguise and still cooks the island's own food. The house dishes are roast kid and rabbit, with fresh fish served whole, octopus and Canarian potatoes; the menu is small and changes with the day's market. The dining room is traditionally Canarian inside, with no terrace, and the prices are fair for the place. It is busy, so book.

    Reserve aheadCalle San Miguel 4

  • Café and snack bar in a courtyard · €€

    A café and snack bar in the courtyard of a house on the site of the palace of the Herrera y Rojas family, the lords of Lanzarote, which Morato Arráez's raiders burned in 1618. Come for a late breakfast or a light lunch under the courtyard trees: wood-fired sourdough bread from Tinajo with olive oil and island salt at €5.50, a board of Canarian cheeses with almogrote at €16.50, knife-cut Iberian ham at €25 or tuna tartare with Lanzarote sweet potatoes at €18.50, with wine or a cocktail. Open from 10.30am to 4.30pm, and on Sunday until 10.30pm; closed on Monday and Saturday.

    Walk inCalle Marqués de Herrera y Rojas 9

  • Esquina Teguise

    4 min walk

    Breakfast, coffee and bagels · €

    A small, busy corner café on the street behind the main square, and the place for breakfast on a rate without it or for a quick lunch between sights. Order a bagel, the pastrami one is the favourite, avocado toast or an açaí bowl with a good espresso in the morning, and croquettes, empanadillas or the pulled-pork burger with a jug of white sangria at lunch. It opens every day from 9.30am to 3.30pm, and there is no need to book; it is at its fullest on Sunday, market day.

    Walk inCalle León y Castillo 10

  • JonnieBakes

    6 min walk

    Micro-bakery and café · €

    A small family bakery on the main road at the edge of the old town, where everything is baked fresh each morning: homemade croissants, savoury pastries, apple crumble pies, muffins and cookies, about 200 pieces a day and 500 on Sunday. Go early, because it sells out most days; you can reserve by WhatsApp and collect. It opens in the morning from Wednesday to Sunday and is closed on Monday and Tuesday. There are lactose-free bakes with a little notice, but nothing gluten-free.

    Walk inAvenida Gran Aldea 76

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Breakfast

Breakfast is served at the table, not set out as a buffet, in the dining room or the central courtyard, and it is cooked to order: eggs as you like them, including Eggs Royale with Uga smoked salmon on brioche, with seasonal fruit, Canarian cheese with gofio, knife-cut Iberian ham or roast leg of pork, the homemade cake of the day, sourdough and seeded breads, homemade granola with Greek yoghurt, La Palma avocado, fresh juice and coffee. It won Best Hotel Breakfast in the Canary Islands at the Culinary Hotel Awards 2025, and it can come to the room at no extra charge. Check that your rate includes it; non-residents pay €35, or €38 for the brunch with a glass of sparkling wine, served every day from 10.30am to noon by booking. Outside, Esquina Teguise, four minutes away, serves coffee and bagels every day from 9.30am, and JonnieBakes, six minutes away, has croissants from Wednesday to Sunday mornings.

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Car useful

Car hire in Lanzarote

Teguise's old town is for walking and buses 7 and 10 come from Arrecife, but Famara beach is 14 minutes by car and Costa Teguise's 21; parking is free, though the hotel's lane is pedestrian, so ask where to leave the car.

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Questions people ask

Good questions about Hotel Boutique Palacio Ico

Where can I eat near Hotel Boutique Palacio Ico?

Palacio Ico's own dining room is the reason many people book: two tasting menus of Lanzarote produce from chef Víctor Valverde, recommended by MICHELIN and holding a Repsol Sol, served at dinner from Monday to Friday and closed at weekends. Book it with the room. On Saturday and Sunday, and on any night you want something simpler, the old town is on the doorstep: every place below is within six minutes on foot, and two of them hold Repsol Soletes. For fish by the sea, drive to the coast; Famara is 14 minutes away. Ikarus, 1 min walk. Bodega Santa Bárbara, 2 min walk. El Recoveco de NaRa, 3 min walk.

Where should I eat at Hotel Boutique Palacio Ico?

Palacio Ico. The reason many people book the house. Chef Víctor Valverde, who trained with Martín Berasategui and Sergi Arola, cooks two tasting menus, one long and one short, that change with the seasons and stay close to the island: La Santa prawns and carabineros, Uga smoked salmon, Lanzarote octopus, cherne and Canarian black pig, with a wine list strong on small-grower champagne and Canarian bottles. The dining room is open to non-residents, and it does not serve every night, so book the table when you book the room.

Our verdict

History, a serious dinner and nine rooms of whitewash and old wood, for couples happy to drive to the beach. Check availability for Suite 06 or Room 08.

Last checked: October 2026

From about

€195 a night

Prices on