 |
|
|
Investing in Lanzarote Property - LanzaroteInvestments.com
|
A combination of a fabulous climate, proximity to all major European Airports, a modern infrastructure, EU membership, a buoyant tourist economy, an open banking system and a finite amount of land have provided the vehicle for great property returns over the last ten years. The Island has seen average annual capital appreciation of over 10% for the past ten years.
The all year sunshine and hence tourist season has provided and excellent background for both rental returns and for those seeking to buy both a holiday home or permanent residence.
Having full EU membership has encouraged many residents for other EU states to relocate to Lanzarote and make it their permanent home. Such moves have further increased the demand for property over recent years and create good fundamentals for future appreciation.
Finally, being a small island the amount of build able land is very limited (90% of all land in Lanzarote is protected and shall not be built on). This short supply combined with a demand that is fuelled by the attributes mentioned above make the Island a great place for not only investing but also purchasing a home in the sun whether it be for part-time or fulltime residence.
|
|
