- May 9, 2013 at 2:44 pm #57457
Does anyone here own a property in Lanzarote? I have to confess I have never been there, and I need to get a better idea of who buys property there these days. Does any nationality dominate? Are buyers predominantly older retirees or younger couples with kids? Anyone know?
- May 11, 2013 at 1:00 pm #81766
I’ve got property in Lanz. The majority of inhabitants are still Spanish or Canarian. Followed by Brits, Irish, German, Scandinavian and Italian. Probably in that order Yes, there are a fair number of retirees. The young family scenario still happens but a lot less than before as work is very difficult to come by.
- May 11, 2013 at 5:00 pm #81727
Thanks Dr. Do you have any idea what’s going in in the property market there? Anyone buying?
- May 11, 2013 at 5:31 pm #81724
Not many that I can see! Prices have come down by 50% in some cases. Lots of finished and largely empty developments or half finished and abandoned.
- May 21, 2013 at 5:02 pm #116964
Dr. Robert, Can you recommend any good agents down there? If so, please send me a PM.
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