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Property in Lanzarote

Renting a home in Lanzarote

As a long and a short term option renting a property in Lanzarote has many plus points.

For the new resident to the island it is advisable. Many people arrive feeling confident that they know where they want to be and what they want in a property. This can change dramatically a few months or even weeks down the line, to commit to a hefty purchase during the very early stages of your Lanzarote life could prove to be a costly mistake. Continue reading

Evicting tenants in Lanzarote

Many people in Lanzarote have purchased a property that they will let on a long term basis to pay the mortgage… or simply to keep occupied. However, and age-old problem is when tenants stop paying the rent. An understandable first reaction is to physically evict said tenants by shutting of water and electric, changing the locks, or worse… but that can leave the landlord open to prosecution which can often result in a hefty court bill – and even compensation to the ar*eholes who weren’t paying their rent in the first place. So what can you do? Continue reading

Spanish Building Terms

If you are looking to extend your property in Lanzarote, build a wall, convert your terrace etc… you may enlist the services of a Spanish Building Company. There are many terms which may leave you a little baffled – even if you are just nipping around to your local hardware store. Benjamin Ritter from Denia in Spain, has very kindly donated the following translations which may help you get through the language barrier. Thanks Benjamin! Continue reading

Home fit for a king!

One of the most expensive homes for sale in Spain is in our very own Tias, according to the Idealista Estate Agency. The luxury Lanzarote home is valued for €5.5 million, has a plot of 2.500 square meters, with 700 of that being the house itself. Continue reading

Rent to buy properties in Lanzarote

One way to beat the credit crunch in Lanzarote if you are buying a property is to exploit the increasing number of rent to buy options being increasingly offered by developers on the island. Rather than make an outright purchase you rent your home from the developers, with an option to buy at a later stage. Continue reading

Credit Crunch Forces First Time Buyers Abroad

- Three quarters (74%) of first time buyers (FTBs) are shelving plans to buy property in the UK due to the current financial climate
- Nearly half (44%) of FTBs plan to buy abroad instead
- Spain and France are the top choices, followed closely by the USA and Australia

Three quarters of FTBs are abandoning their plans to buy property in the UK due to market instability, with nearly half putting their hopes in property abroad. Continue reading

Puerto del Carmen Drives Lanzarote Property Market

Demand amongst overseas investors for residential and commercial property in Puerto del Carmen is currently driving the Lanzarote Property market. According to an analysis of 636 property for sale enquiries received by Lanzarote´s busiest property portal, Lanzarote Guidebook, during the first two months of 2008. Continue reading

Property in Lanzarote – A Buyers Guide

Despite the credit crunch in the UK, demand for Lanzarote property remains strong.  As January 2008 has been a busy month for enquiries on the Lanzarote Guidebook website – one of the island’s biggest property portals with over 1700 listings.

So how do you go about purchasing a property in Lanzarote?  Here´s a step by step guide. Continue reading

Luxury Villa For Sale

A good friend of ours has a property for sale… and we would like to help him sell it. This is a private sale. Continue reading

Finding Accommodation in Lanzarote

According to the most recent official census over 5,000 British expats now live on Lanzarote.  Along with many thousands more from other sun starved Northern European nations such as Germany, Ireland and Holland.  Continue reading

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