Lanzarote Property

Lanzarote property overview:
Lanzarote is an island with a unique style and property market. Strict building laws have preserved the original feel of the island and prevented over development.

Recent news has noted how the recession has had a far lesser effect on Lanzarote than mainland Spain. This is due to the preservation of its original culture. Big property developers could not get a foot hold in Lanzarote protecting its property market through slower times.

The three main areas in Lanzarote for tourism are:-

1 - Puerto del Carmen receives by far the most tourist traffic on Lanzarote. A large amount of tourists need more facilities and accommodation. Out of all areas of the island property for sale in Puerto del Carmen enjoys the greates activity. Puerto del Carmen was the islands first tourist resort for good reason. The weather is impeccable as are the selection of beaches. This holiday destination stretches along the coast so no matter where you buy an apartment or house you will be within a short walk to the beach. To the south of Puerto del Carmen is the old town fishing harbour. The fishing harbour is why the town came into being. These days the harbour takes up only a small part of the whole. At the northern end of Puerto del Carmen is Los Pocillos beach some 4 kilometres to the north of the harbour. On the cliffs just south or the harbour some of the most expensive villas can be found. Most properties comprise of small apartments or studios on complexes.

2 - Playa Blanca is located on the southern tip of Lanzarote. As Puerto de Carmen it originated as a fishing village. Due to its unique character Playa Blanca has been taken into the hearts of many of its visitors. There is a very wide selection of property for sale in Playa Blanca. Nearer the town centre apartments are to be found, moving outwards larger houses and villas become more prevalent.

3 - Costa Teguise is a purpose built holiday destination. Due to the pre planning of its layout access is very good. Local facilities include the islands only Aquapark, a golf course and some great beaches. The placing of property for sale in Costa Teguise is nicely scattered in nature. Frontline villas in Costa Teguise can be found at the front of several complexes. The towns main centre is around the Las Cucharas beach although there are several other epicentres with great facilities and a more personal feel.

Lanzarote's cultural identity has changed vastly over the last thirty years. Tourism has changed a poor rural community into a financially prosperous location. On the back of the islands popularity with holiday makers has grown many other sectors, one of the largest being property. As standards of living have risen across the world a second home in the sun is now within reach of many. The dream apartment in Puerto del Carmen can be a reality and even a sound investment. The largest group of buyers are now from the UK. Overseas and local Spanish mortgages are more available. From Playa Blanca in the south through Puerto del Carmen up to Costa Teguise and across the island, apartments and villas are being bought and sold. The main thing holding UK property owners back from buying a second home in the sun is just the belief that it can be done. Many English home owners have enough equity in their property to afford another in Lanzarote.

Rural tourism in Lanzarote: Because of the strict building laws on the island many of the outlaying towns and villages are relatively unspoilt. These are becoming a major draw to a certain group of tourists. People that want to soak up a different culture are finding property for hoiday rental in Punta Mujeres, Yaiza, Arrieta and many other destinations. Here you can enjoy local foods, practice your Spanish and escape any trace of a rat race.

Local information for Lanzarote:
Feel free to search our extensive archive of information on all areas and all aspects of property buying and selling.

Latest Lanzarote articles and new:
August to October 2009 issue of the Freedom4sale magazine features:
Estate agent focus on Lanzarote Investments - Read the interesting and insightful answers John Killeen has to offer on some difficult question we threw at him.