Puerto del Carmen was Lanzarote's first tourist resort for good reason. The resort is very well located for the airport and has beaches running almost its full length. Over the years Puerto del Carmen has built a very good reputation and a loyal following of holiday makers that visit every year. Puerto del Carmen property, like its tourism reputation, is also very strong. The property market is well protected as new large developments cannot be built in the area thus protecting the prices of existing properties.
Puerto del Carmen has the perfect climate mix of sun and cooling breeze, low humidity, few mosquitos, good proximity to the airport, plenty of beaches, restaurants and nightlife.
Puerto del Carmen even has its very own golf course now set back on the hill behind town giving fantastic views and good access.
Puerto del Carmen stretches from Los Pocillos beach and the San Antonio hotel to the north down along the 'strip' as far as the 'Old Town' to the south.
The Puerto del Carmen property buyer and investor in spoilt for choice with a great selection of affordable complex based apartments through nice sized houses up to multi million pound villas. A lot of the Puerto del Carmen estate agents are saying that the property market has moved over to the buyer and now is a great time to negotiate yourself a bargain.
Apartments for sale in Puerto del Carmen can start from as amazing a price of only 62,500 euros or 42,662 British pounds, for this you could secure yourself a one bedroomed studio in Puerto del Carmens old harbour town. The apartment has a communal pool and is minutes from a huge selection of local amenities and beaches. The apartment market in Puerto del Carmen is currently very strong with good opportunities to earn some rental income whilst you are not using it. The mortgage repayments on this property, if the valuation came in at the asking price and you got a very accessible seventy per cent mortgage, would be in the region of 179 pounds per month. These figures were worked out on a thirty year mortgage with the repayment rates at six per cent.
A house for sale in Puerto del Carmen would set you back from as little as 140,000 euros or 95,563 British pounds, this would secure you with a two storey house near the local beach with balcony and a nice sea view. A seventy per cent mortgage on this property would cost in the region of 410 pounds per month. Please remember to check any figures quoted here with your banks close to the time of purchase.
Property for sale in Puerto del Carmen is a good protected investment. The area has very few new developments going up which protect the values of the properties currently available. A new golf course is very close to completion aimed at attracting the golf community to the area.
There is a very good selection of professional Puerto del Carmen estate agents who will be eager to assist you in finding the best fit property to suit your needs. Their experience in the Puerto del Carmen property market will serve you well for any queries you may have in all aspects of buying your new property, rental figures, tax questions, bank accounts, amenities plus navigation through the local property purchase system
The town of Puerto del Carmen has the main town along the strip which continues into the 'Old town' harbour to the southern end. The Old Town has an atmosphere all its own as it is centred around the quaint old fishing harbour. The areas has attracted some fantastic restaurants and bars all over looking the activity going on in and around the harbour. There are also some lovely proeperties perched up on the hill behing the town.
In summary Puerto del Carmen has a very established property market showing the islands highest levels or holiday visits. The area has all the ingredients for good reliable holidays and offers the best and most reliable year around climate in Europe and some say the world.
