Property for sale in Lanzarote comes in many different forms, from apartments in Puerto del Carmen to large villas in Playa Blanca and other areas with substantial gardens and private pools. It is possible to get an apartment for well under 100,000 euros, whilst a detached villa with its own pool is likely to cost from around 300,000. There is no doubt that there are bargains to be found in the current market.
Whilst the £ has suffered against the euro in the past few years, prices of property on Lanzarote have stayed stronger than in other parts of Spain, though average prices are down some 20% from their peak in 2006.
The most popular areas to buy or rent for those seeking to relocate to Lanzarote from the UK and Germany are Playa Blanca, at the south of the island, Puerto del Carmen , probably the most established resort on the island, and Costa Teguise, which is slightly to the north of Arrecife, the island’s capital. All of these resort areas have a wide range of property available, from flats to detached villas with private pools.
Estate agents on Lanzarote will offer a range of properties across all the resort areas, as well as more rural locations. We have listed a number of the better known agents below, along with contact details.