Blog Buying Property in Lanzarote, A Smart Investment Choice?

Buying Property in Lanzarote, A Smart Investment Choice?

There is no doubt that Lanzarote is a beautiful island located just 4 hours from most major hubs in Europe. Known for it's stunning beaches, year-round warm weather, and healthy enironment.

It is no surprise that it's an ever popular destination for holidaymakers and property buyers alike.

In this blog post, we'll be discussing why buying property in Lanzarote is a smart investment choice and how Espacio Lanzarote Real Estate can help you make it happen.

Extremely Stable Property Market


One of the key reasons why buying property in Lanzarote is a smart investment choice is the island's stable property market. Unlike other tourist hotspots, the property market in Lanzarote has remained remarkably stable, even during times of economic uncertainty.

This makes it a secure and reliable investment, as you can expect your property to hold its value over time.

Very High Rental Potential: Long and Short Term


Another great benefit of buying property in Lanzarote is the high rental potential. With so many tourists visiting the island each year, there is a high demand for holiday rentals.

By purchasing a property in Lanzarote, you can take advantage of this demand and earn strong ongoing income from renting out your property within the Long or Short Term Rental Markets

Lanzarote is Closer than you Think


There are very few destinations in the world with year round sun, a safe healthy lifestyle environment and have a stable economy to boot. Lanzarote is blessed to be among a family of islands that have all of the above and more. 

Not only is Lanzarote close to most major hubs, but now with a quick plane hop to Tenerife there is a direct flight to the Big Apple, New York also.

So not only is Lanzarote close to Europe, on the same time zone as Dublin & London with an obviously stable economy, it also has great internet connection and a high volume of native/ bi-lingual english speakers.

As a place to live and work remotely - It has it all. It's much closer to home that you might previously have felt.


Wide Range of Property Styles on the Market


Whether you're looking for a holiday home or a permanent residence, there is a wide range of property styles in Lanzarote to suit a relatively wide budget and build preference.

From traditional villas to modern apartments, you're sure to spot a property that meets your standards. 


Lack of Large Scale Home Building in Lanzarote

This point is both good and bad however: As a buyer you may need to spend more time to find the property in Lanzarote that you truly love.

Why? Simple because there has never been or will be a huge surge in home building on the island. 

Why is this bad? Well as a buyer, we pointed out you might have to wait longer to find a property that truly ticks all of the boxes.

How can this be good?  Simply put, there are not so many houses available at any one time yet there are many who want and hav ethe ability to purchase property here.  This underpins the value of the housing market in Lanzarote.

It is also worth noting that because Lanzarote has such a wide appeal to many nationalities we are less reliant on any one particular set of visitors. There is a vry large spread of risk due to this fact alone.



Expert Assistance from Espacio Lanzarote Real Estate


At Espacio Lanzarote Real Estate, we understand the process of buying property can be daunting, especially if you're not familiar with the local market.

That's why we offer expert assistance to help guide you through the process and ensure a smooth transaction.

From finding the perfect property to helping you with the nitty gritty details, we'll be there to support you every step of the way.



Conclusion

Buying property in Lanzarote is a smart investment choice for many reasons. The stable property market, high rental potential, tax benefits, and wide range of property styles available make it an attractive option for both holiday home and permanent residence buyers.

With the expert assistance of Espacio Lanzarote Real Estate, the process of buying a property in Lanzarote can be made easy and stress-free.

With many years of experience in the real estate market on (and off) the island, we are the best choice to help you find and buy your perfect property in Lanzarote.

Don't hesitate to contact us today to start your property search in this paradise island.

Find us at

Espacio Lanzarote Real Estate, 5 Fitzwilliam Square Dublin, Dublin 2, Ireland
+34686606541
+447588069968
[email protected]