The Lanzarote property is market is driven by overseas investment.  As this most easterly Canary Island enjoys a buoyant year round tourist trade – thanks to a clement climate with temperatures that never fall below 20c and very low rainfall.

Over one million British and Irish visitors holiday on the island annually.  Creating a high  level of demand for good quality rental villas and apartments.

Lanzarote also has a rapidly growing expat community – attracted by the islands quality of life, which accounts for around 6% of Lanzarote´s total population of 126,000 people.

The main property hotspots on the island are in and around Lanzarote´s three main resorts.  Puerto del Carmen, in the centre of the island, is the longest established and most popular.  Playa Blanca in the south is the newest – and boasts an excellent range of luxury hotels and villas.  Costa Teguise in the north of the island provides an excellent base for exploring the island’s many cultural attractions.

Property prices start at around €80,000 for a one bedroom apartment.  Whilst villas with pools are priced from around €280,000.