There are lots of different types of property for sale on Lanzarote and a wide range of areas to buy in ranging from studio apartments in the main holiday resorts through to reformed fincas in the countryside. And here we take a look at a selection of properties currently available for sale on the island through Homes Lanzarote.
Great Value Apartments
A studio or a small apartment is a great way to get your foot on the island property ladder and can also generate a good level of rental income too if you are simply looking for an investment.
We currently have a selection of apartments starting from as little as €59,000 in the perennially popular resort of Puerto del Carmen, which represent excellent value for money at just a shade over £46,000 at current exchange rates – the sort of budget that would barely buy you a beach hut in most British seaside resorts.
These one bedroom apartments in the heart of the Old Town area are pretty spacious, boasting a footprint of 50 metres square and are located on a large and well established complex, making them ideal for holiday rentals.
Or alternatively if you have a little more budget to blow we have two bedroom apartments on offer from just €79,000 in close proximity to the landmark Fariones Hotel and the popular little beach at Playa Chica. Again these offer excellent potential returns for the holiday rental investor, just click here for more information.
Whilst apartments can be expected to generate around £250 per week in terms of rental returns your return on investment can be greatly increased by opting instead for a villa in one of the main resorts.
Currently our best value villa in Puerto del Carmen is on the market for just €145,000 and is located centrally, close to the main beach of Playa Grande on a well-run complex that again makes this just ideal for tourist rentals.
Or if you have a bit more budget to play with opt instead for this house with swimming pool in the resort of Playa Blanca, which is on the market for €147,000. Situated in the Montaña Roja area of this popular resort the property offers 95 square metres of living space across two bedrooms and bathrooms. The property is located on a gated complex that also boasts great facilities such as delightful communal gardens and tennis courts.