Lanzarote Property Market Outlook
The property market is still showing life in Lanzarote.
Monday, March 10th, 2008 
Posted by Overseas Property Mall in Spanish Property, UK Overseas Property Trends
Demand amongst overseas investors for residential and commercial property in Puerto del Carmen is currently driving the Lanzarote real estate 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.
Where are the current property hotspots for overseas investors on Lanzarote?
According to this detailed analysis of British and Irish property investment requirements, Lanzarote´s oldest resort – Puerto del Carmen – is currently top dog, accounting for 43% of all property enquiries received during January and February 2008. With Costa Teguise recording 30% and Playa Blanca trailing in third place with 19%.
However, Playa Blanca remains the most popular spot on the island for anyone searching for a villa investment –generating five times more demand than closest resort rival Costa Teguise. Reflecting the fact that Lanzarote´s newest resort boasts better value villa properties than any other location
on the island.
