There are hundreds of villas and apartments for sale across the popular holiday island of Lanzarote. And in the current economic climate many are available now at prices that are back to their 2007 levels. Offering some serious bargains for anyone interested in investing in property in Lanzarote

Lanzarote is located close to the coast of Morocco and enjoys an enviable climate with warm weather al year round. As a result is an ideal location to invest in a holiday rental property as the island welcomes tourists visitors all year round, not just for a short 3 or 4 month season. It is also the perfect place for anyone planning to retire or relocate abroad, as this clement climate allows residents to enjoy a wide array of outdoor activities all year round. Making a change to the cold and grey skies of the UK.

Many overseas investors originate from the UK, as British tourists are the largest market for holidays on the island. They are able to liaise with a number of English speaking Lanzarote estate agents with offices on the island. All of whom provide a friendly and professional service for anyone interested in buying property for sale.

Most would advise first time investors to buy in a popular resort, such as Puerto del Carmen. This is the place where package tourism first took off on Lanzarote and is now the largest destination on Lanzarote. It is also home to a sizeable expatriate community, making it easy to assimilate for foreigners. Property for sale in Puerto del Carmen includes a selection of apartments, priced from about €40,000 upwards and plenty of high quality holiday villas. With prices starting from about the €200,000 mark.

Playa Blanca is another popular location for property investors, not least as it is expanding at rapid pace and growing in popularity with overseas investors. There are plenty of excellent beaches here along with a good selection of property for sale. And prices here are slightly cheaper than in Puerto del Carmen. Reflecting the fact that most villas here occupy a smaller plot size.

Wherever buyers choose to invest Lanzarote offers reliable year round rental returns and a high quality of life. So it is the ideal spot for relocation and retirement too. There are lots of smaller towns and villages to explore for anyone seeking to connect with the authentic heart of the island and loads of things to do and see.