We had a lovely stay at Casa Margarita.
It is actually a group of 6 or 7 small rental houses that share the pool. The photos are quite accurate. Casa Margarita is the house opposite the wooden walkway, not opposite the pool ( The photo view from the terrace is correct, not the one seen from the pool).
The rooms and beds are comfy and well decorated. Bathrooms are spacious and clean. The house is all high, on 3 floors, there is a basement with a bedroom and a gym, and a floor with 2 bedrooms. The house was very good for us 5 but would probably be narrow for 8, especially the small living room. We had all our meals on the terrace which is no problem given the mild temperatures.
We weren’t coming for that but we enjoyed having Netflix for the late evenings after the beautiful day trips.
A small downside, only 2 houses were rented at the beginning of our stay so the environment was very quiet, but the last few days another rental was filled up and it became much more lively. I think if all the rentals are occupied, you lose a lot in peace and privacy because the houses are very close and the terraces all overlook the common space.
The house is well located, close to natural pools, in the heart of the village, 5 min walk from a small supermarket. There are some really nice wild beaches a little further north, nice beach restaurants a little further south. The locals are very welcoming.
Attention there are plenty of wind in Lanzarote and it makes a lot of noise at night. But what a beautiful island!