We're On The Up | Lanzarote Investments
avatar login or create a free account

Search by word




Latest news

We're On The Up!

We're On The Up!
14. August 2017 Category: LANZAROTE ISLAND

Lanzarote Sale Transactions have rocketed in comparison to 2016's figures. Want to find out more? Click here!

The purchase and sale of houses on the island of Lanzarote has increased considerably compared to 2016. 

Those who have purchased a property on the island are mainly tourists, opting for resorts like Costa Teguise, one of the most popular resorts in recent years and Arrecife. The changes to mortgage laws have made it easier for clients to buy their own home. 

Banks have also helped make this possible by opening the doors for these types of purchases.

The increase in rental prices has led many tourists and residents to opt for purchasing properties.

Currently, buying a three bed apartment in Costa Teguise is around 160,000 euros, while in the capital of Lanzarote, in front of the Reducto beach, the cost would be 130,000 euros. The price depends on the number of bedrooms and, above all, its location.

Based on figures up to July, some 2,500 property purchases and sale transactions were recorded, almost 500 more than in May 2016.

Labels: Properties, Houses, property in lanzarote, Lanzarote
Write a comment

Featured Lanzarote Properties

just listed €163,000 Floor Plans, LanzaroteInvestments
2 Bed | 1 Bath | Apartment | Ref: 222030
marker Yaiza
Fully renovated 2 bedroom apartment in the heart of Yaiza
just listed sole agency €449,000
4 Bed | 3 Bath | Villa | Ref: 322028
marker Costa Teguise
Detached 4 bedroom villa moments from the sea in Costa Teguise
just listed €580,000 Floor Plans, LanzaroteInvestments
3 Bed | 3 Bath | Villa | Ref: 322027
marker Nazaret
Impressive sea and mountain views with private swimming pool
just listed sole agency €228,000 Floor Plans, LanzaroteInvestments
3 Bed | 1 Bath | Apartment | Ref: 322026
marker Costa Teguise
3 bedroom property in a complex with communal pools in Costa Teguise

Don’t miss a thing

Don't miss a chance to find your dreamhome. For property updates and interesting articles, sign up now for our newsletter.