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Where To Buy Property in Lanzarote

Where is the best place for you to buy your ideal property in Lanzarote? In part this will depend on your motives - as the south of the island is home to the main tourist resorts, and hence a better bet for anyone seeking a holiday rental investment. Whilst the north of Lanzarote remains largely unspoiled - creating an attractive environment for anyone seeking to retire or relocate.

Puerto del Carmen

Puerto del Carmen

Puerto del Carmen is the largest and oldest holiday resort on Lanzarote. Located just ten minutes drive from the sole island airport at Arrecife this is where the bulk of visitors head for once they have touched down. As a result property in Puerto del Carmen is an ideal choice for anyone planning to rent an apartment or villa out to other holidaymakers.

Puerto del Carmen is also the epicenter of both the British and Irish expatriate communities. So if you are searching for businesses for sale in Lanzarote then this resort also offers plenty of commercial opportunities.

Many expats also like to locate themselves in or around the resort in outlying villages such as Tias, Macher and La Asomada. As this provides proximity to both business opportunities and a social scene.

Puerto del Carmen property tends to be a little more expensive than in say Playa Blanca. Reflecting the fact that villas and houses here are often built on slightly bigger plot sizes. The most desirable residential areas in the resort are Los Mojones and Risco Prieto, which are both located close to the Old Town harbour, which remains the heart of the resort despite Puerto del Carmen's expansion over the years.

Local authorities have recently invested a great deal of money in Puerto del Carmen in order to maintain its competitiveness against other holiday destinations in Eastern Europe and the Middle East - demonstrating an ongoing commitment to tourism in the resort which can only benefit the owners of villas and apartments here.


Playa Blanca

Playa Blanca

Playa Blanca is the newest and second largest resort on Lanzarote. It boasts impeccable credentials as a holiday destination, with a delightful seafront promenade that runs from one end of Playa Blanca to the other taking in excellent beaches such as Playa Dorada and Playa Flamingo. It is also lined with good quality four and five star hotels and decent restaurants.

As a result there is considerable demand for holiday villas and apartments for rent - making property in Playa Blanca a sensible investment option. The resort also offers a relaxed outdoors lifestyle and the best microclimate on Lanzarote. So it is an equally good choice for anyone thinking about relocating to - or retiring on - Lanzarote.

Property prices tend to be little cheaper here and if one could make any criticism of Playa Blanca it is that there are a number of rather same-y looking developments and little in the way of authentic character properties for sale. But as this is still a relatively new resort then that is only to be expected.


Costa Teguise

Costa Teguise

Costa Teguise is the third largest holiday resort on Lanzarote, and as a result tends to be a little quieter and slower paced than either Puerto del Carmen or Playa Blanca. But it is still home to some excellent beaches, such as Playa Cucharas and Playa Bastian, as well as lots of decent facilities and amenities.

Importantly Costa Teguise is just a short drive away from Arrecife - the capital and commercial hub of the island. As a result quite a few locals favour it is a base too. So there is a real mixture of property for sale in Costa Teguise taking in everything from studio holiday apartments to large and luxurious residential pads.

The most sought after properties can be found along the front line in areas such as Playa Bastian and in the Cuidad Jardin development, which is around five to ten minutes from the main beach of Playa Cucharas.


Other Areas

There are plenty of other highly desirable locations to choose from around the island, as Lanzarote is home to some very pretty villages such as Yaiza, Haria and Arrieta. Rural tourism is also on the rise, as Lanzarote gets a high proportion of repeat visitors. With some of these tourists opting to discover the 'real Lanzarote' after a stay in one of the main resorts.

So it is possible to invest in a holiday rental property elsewhere on the island - as well as relocating or retiring there too. We always advise renting property in Lanzarote before buying to anyone who is unsure.

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