08.28.08
Apartment for sale Playa Blanca
Apartments for sale in Playa Blanca has probably been the fastest growing property sector in Lanzarote. Playa Blanca is a very well liked resort and has been fast approaching the popularity of Puerto del Carmen.
Playa Blanca is located right on the southern tip of Lanzarote and has a charm all of its own. The resort has some great beaches to offer from super safe beaches in the centre of town like the every popular Playa Flamingo to the naturally beautiful beaches of Papagayo.
Looking at the price of the average apartment for sale in Playa Blanca over the last few years you can see a surprisingly healthy pattern emerging.
Back in 2006 the average apartment in Playa Blanca would have cost 158,166 euros. In 2007 the average Playa Blanca apartment would have cost 169,215 euros and now the average cost is 183,872 euros. This shows a 15% rise in the property prices even through the current worldwide property slow down.