Want a nice, cheap, 2 bed frontline apartment on a complex with a tourist licence 200 yards from the sea in Costa Teguise, Lanzarote?
Even now, Lanzarote is still a favorite destination for the discerning holidaymaker, with up to 2 million tourists a year regularly visiting the island (Figure courtesy of Channel 4’s A Place In The Sun)
Price is 91,500 euros.
Most 2 bed apartments in Lanzarote are much more than this, particularly those this close to the sea.
The apartment is fully furnished with a washer, cooker, fridge, Sky set-up, TV, video, hi-fi, safe, beds, tables, chairs, wardrobes, sofabeds etc. It is ready to go as a holiday home, permanent residence or rental generator.
The apartment is located on a complex in Costa Teguise, Lanzarote’s most easy-going family resort. Situated next to a newly competed development of private villas that are on the market for between 372,000-750,000 euros, the complex has a swimming pool, bar, car hire, childrens’ and sports facilities. It’s a 3 minuter drive from what is still Lanzarote’s only golf course and a one minute drive (or 12 minute walk) from the centre of Costa Teguise..
Unlike mainland Spain, Lanzarote (and the rest of the Canaries) is a year-round resort with 340 days of sunshine per annum. Flights go from most UK airports, with around ten per week from Heathrow and Gatwick. Jet2 and Easyjet are now offering cheapies from many of the regional airports. Flight time from the UK is four hours.
If you’d like further information and photographs please pm me.
Engel and Volkers ( a leading Spanish Real Estate company) have published a survey, as quoted by Mark, which says that the average price of an apartment for sale in Lanzarote in 2008 is 180,000 euros! Mine is slightly over half that! It’s a bargain waiting for somebody!
Just to add, the complex is next to a newly finished development where the properties are going from between 336, 000-750,000 euros! The King of Spain has his Lanzarote residence just next door! (He’s never popped in for tea. though…….)
Costa Teguise is only a ten minute drive from Arrecife, Lanzarote’s capital. As the pace of life (and the traffic!) is nowhere near as busy, many people are moving out of Arrecife and into CT to live.
I’ve just seen Jasmine Harman (on A Place In The Sun-Home Or Away) say that the average price for a two bedroom apartment in Lanzarote is £194,000! (or about 215,000 euros!) So, is this a bargain or what? I advise all potential buyers to get in touch quick! (Is that the phone? Jasmine? You’ve seen my advert? Great……..!)
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