Costa Teguise is one of the most touristy towns in Lanzarote and there is no shortage of hotels, ranging from bed and breakfasts to name-brand 5-star resorts. If you're looking for something nice on a budget (young couples, friends, large familes, etc.), then the Galeon Playa Apartments are a great choice. It's located right next to Playa de Jablillo, the prettiest beach in Costa Teguise, and about a 10 minute walk to the bus stop, the center of town, and Playa de Cucharas. The hotel also has two swimming pools surrounded by tropical landscaping in its interior and they're perfect when Lanzarote's famous winds make beach-going a bit uncomfy.