Canary Island property blog

Apartment for sale Playa Blanca

admin — Thu, 28 Aug 2008 17:11:34 +0000

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.

Apartment for sale in Puerto del Carmen

admin — Wed, 27 Aug 2008 13:49:39 +0000

In the Canary Island of Lanzarote the biggest property buying and selling market place is Puerto del Carmen. Puerto del Carmen as a wide range of properties for sale in a equally wide range of prices.
In the current economic climate the most active section of this property market is occurring at the lower end of the price bracket. Most buyers are looking for an apartment for sale in Puerto del Carmen.
The prices of apartments for sale in Puerto del Carmen currently start at around the 65,000 euro mark or £52,000. For this you can buy a studio apartment on a complex with a pool in close proximity to the local beaches and amenities.

The average price of an apartment in Puerto del Carmen is currently 173,963 euros
Last year in 2007 the average price was 164,063
Two years ago in 2006 the average price was 162,520
(figure taken from freedom4sale.com)

This shows that although there is a slowing down of price increase at the moment prices have not fallen below previous years prices. Anecdotal evidence is saying that prices are better insulated as most properties are second homes or investment properties and the money tied up in the property is not so urgently needed therefore resale prices do not fluctuate so easily.

A Costa Teguise estate agency buy to rent scheme

admin — Tue, 26 Aug 2008 16:25:07 +0000

Location estate agency in Costa Teguise has come up with a great idea to help property renters turn into property owners by using the rent money as property repayment money.
Such a scheme will be very well received in the current economic climate. The new scheme will incorporated rental payments into property purchase payments and greatly reduce the costs needed for a deposit.
In the latest issue of the Freedom4sale property magazine (issue 46), which you can download here, is a very interesting article on the innovative idea that Location Estate Agents have brought to the market.
The article goes on to explain how this scheme is basically like a higher purchase scheme which allows a tenant to rent a property with an option to purchase at a pre agreed price within a specific time period.
The exact terms and conditions can vary as long as both buyer and seller agree, these terms are then entered into a legally binding contract.
Location estate agency are offering this on several of their properties for sale in Costa Teguise.
The terms vary but normally lay between a deposit of 2 to 5 per cent of agreed purchase cost, this price is part of the final payment. The tenant would then agree a fixed rental price, normally slightly higher than the going rate. Each monthly rental payment is then also deducted from the agreed property price.

This scheme is seen as a big step forward for buyers that cannot raise the normally 25 to 30 percent of purchase price needed in costs and should open up the market to a large number of new people.

If you are interested in contacting Location Property Consultants and finding out more then you can contact them on
www.location-lanzarote.com
email: info@location-lanzarote.com
phone: (0034) 928 827 257

Property for sale in Corralejo, Fuerteventura.

admin — Tue, 26 Aug 2008 16:07:42 +0000

Corralejo in Fuerteventura has the largest English property market which is seconded by Caleta de Fuste. Corralejo is set at the very northern tip of the Canarian island of Fuerteventura with regular car ferry services to Playa Blanca in Lanzarote.
Once you visit Corralejo it is easy to see why it is so popular. The beaches are simply stunning from the golden sand of the several smaller beaches right in the town the the truly spectacular white golden stretches of beach just outside the main town. Corralejo is loved by all for its very relaxed atmosphere and easily accessible facilities which are well laid out and easy to navigate.
The property for sale in Corralejo market has proven so successful here that the town has had to expand in all directions to cope with the demand. There are however still plenty of resale apartments for sale in Corralejo centre then a whole range and host of differing types of well priced properties up the gently sloping hill and out of town all giving great views of the sea and nearby island of Lobos.

Most of the estate agents in Corralejo are to be found along the main high street. This is very easy to find and obvious, you will probably spend plenty of time along this road enjoying the great selection of shops, bars, restaurants, banks and yes estate agents.

The average price of a studio apartment for sale in Corralejo is currently 173,263 euros.

Tenerife property for sale

admin — Tue, 01 Jul 2008 10:52:09 +0000

Tenerife property for sale takes up a huge portion of the total Canary Island property market.

Tenerife attracts a very large percentage of the total Canarian tourist market and this drives the interest and activity in the Tenerife property for sale market.

As the Tenerife property market grows stronger and more competitive interested buyers are looking for a better service and more information about any given area of Tenerife they may be interested in buying in.

The internet is the obvious first port of call for an overseas buyer offering a large amount of information about any area of the island they may be interested in.

There are now several new web sites offering impartial advice on Tenerife property for sale giving information about the resort and the sort of starting prices one could expect to pay for a property in that area.
The new buyer to an area sometimes prefers web sites like these that are seen as being less hard sell than the sort of sometimes sales driven advice that can be found via estate agents.

Fuerteventura property

admin — Wed, 25 Jun 2008 14:28:19 +0000

A great new web site has just been published concentrating specifically on the most popular property for sale areas of Fuerteventura.

Anyone looking to buy a new house, apartment or piece of land in Fuerteventura would benefit from this brief and straight to the point web site outlining the pros and cons of Fuerteventuras most popular property areas.

The Fuerteventura property market is very varied and from this useful property specialist web site you can glean a lot of useful pointers is assistance of your new property purchase.

The Fuerteventura property advice web site cover all the main property towns of Corralejo and Caleta de Fuste plus some lesser known but still popular property resorts.

Puerto del Carmen property for sale

admin — Tue, 13 May 2008 14:53:57 +0000

The Puerto del Carmen property for sale market is now becoming better serviced than ever before. There are more and more properties for sale and more websites and estate agents to help sell these properties. Many buyers know the area well from repeated holidays in the area and often even know what complex of apartments they want to buy on. The internet and search engines are evolving fast and can now bring potential property buyers exact information on the actual complex they are interested in.
The Puerto del Carmen property market in Lanzarote is the busiest, apartments for sale in Puerto del Carmen take up the biggest section of this market.
The most popular properties for sale in Puerto del Carmen are the apartments at the lower end of the budget that buyers can use for their own holidays and also gain some rental income when they are not there.
At the moment there are some very good deals to be had within the apartment for sale section of the Puerto del Carmen property market.
For example:-
Lomo Verde apartments for sale are fully refurbished on a small complex overlooking the old town with great sea views with prices starting from as little as £96,000.
Hyde Park apartments are also very popular but positioned at the other end of Puerto del Carmen overlooking the Los Pocillos beach.
In the same area as the Hyde Park apartments complex is the Playa Park apartment complex offering a similar package to Hyde Park.
All in all the discerning buyer with a mind for what they are looking for and some time to spend researching what is on offer and what sort of rental returns can be gained can pick up a bargain property ideal for holidays and a nice rental income.

Playa Blanca holiday rental

admin — Mon, 05 May 2008 12:26:27 +0000

Are you looking for a property to rent for your holiday in Playa Blanca? Having trouble finding the right information about an apartment or villa to rent in the area?
Well a great new web site has just been put on the web with plenty of information about Playa Blanca’s most popular resorts for renting your holiday property. The Playa Blanca holiday rentalmarket gives you lots options with a whole range of properties to rent.
Playa Blanca has a thriving holiday rental industry that is growing faster than any other resort area in the Canary Island of Lanzarote.
The holiday property rental market can be divided into several different brackets each offering different prices reflecting what the properties have to offer.
A Playa Blanca apartment for rent sector is the most affordable end of the scale and has the largest amount of choice. Apartments for rent in Playa Blanca are numerous and there is something to suit any type of family, couple of individual wanting to holiday in Playa Blanca.
Rising up the scale their are still plenty of villas to rent in Playa Blanca which offer more privacy with your own garden and sometimes own private pool.
Luxury villas in Playa Blanca are also in good supply and now with British Airways running scheduled flights with business class seats then you can both arrive and holiday in style.

Fuerteventura property for sale

admin — Mon, 10 Mar 2008 16:20:32 +0000

Fuerteventura has an enormous amount of property for sale, these range from some very affordable studio flats and apartments right up to spectacular water front villas. Whatever your taste and budget may allow most people begin the search for their ideal property on the internet. Most estate agents in Fuerteventura have their own web sites listing all of the properties they currently have for sale. There are a few property portals for Fuerteventura but none larger and with more property related information than the Freedom4sale.com web site.

The property for sale in Fuerteventura search facilitiy on the Freedom4sale web site has recently undergone a great overhaul. The result of this is that for any property search made in a given area of Fuerteventura a brief overvew of that area is given plus a small map showing its location. No longer will potential buyers search around other areas wondering where they are or what they are like, then having to look elsewhere to find this complimentary information.

If further information is then required the web site has a large and comprehensive ‘relevant information’ section giving advice, instruction and maps on all of the most popular property for sale areas of Fuerteventura

Hang glide Lanzarote

admin — Mon, 10 Mar 2008 16:01:44 +0000

Lanzarote is one of Europe’s premier winter hang gliding destinations. In fact Lanzarote is a great all year hang gliding destination, it becomes popular in winter because the rest of Europe is so cold and produces little thermic weather.

The island of Lanzarote has flying sites for almost every wind direction and some fantastic flying routes. The most famous route is the ‘Famara ridge run’. The wind direction needs to be from west to north, ideal direction being north west. Take off can be made either at the ‘high take’ or locally known at ‘Chimidas’. Chimidas is the more guaranteed and spectacular take off spot, take off height is about 350 metres above sea level off a dramatic steep cliff overlooking the plane below. Height is easily gained then its turn right, cross one large gully and full speed ahead along the cliffs to the northern tip of Lanzarote. From take off to the northern tip of Lanzarote is about 12 miles of some of the most beautiful scenary with views of both sides of the island. The lower take off is about 1.2 km’s to the left of the high take off. The advantage of the lower take off is the fact that you can top land. Top landing on the high take off is not reccomended.

Other great flying sites for hang gliding in Lanzarote are Mala for winds in the North East, Asomada for South East winds, El Cuchillo for NNE winds, Orzola or Mirador in the North for light NE winds plus a few others.

If you are looking for accommodation for you hang gliding in Lanzarote holiday then Famara is the ideal spot. From your apartment you will be able to see the wind direction and even a couple of the take off spots. The family can enjoy the Famara beach and you can even land there after completing the epic ‘Ridge Run’.