Overseas property news - Slice of luxury for sale on lanzarote

Slice of luxury for sale on lanzarote

Whilst Lanzarote once had a slightly downmarket image in the UK during the package holiday decades of the 80´s and 90´s this misconception has long since been laid to rest.  As thanks to the proliferation of cheap flights from budget operators such as easyJet and Ryanair and the ready availability of privately owned, high quality rental properties this popular holiday island now attracts well- heeled independent travellers in their droves.

Last year alone Lanzarote welcomed over 2 million tourists – an amazing figure for such a small island – the bulk of them flying in from the UK or Eire, which together account for in excess of 50% of all foreign holidaymakers.  This buoyant tourist market also attracts scores of overseas investors who are able to enjoy year-round rental returns thanks to Lanzarote´s clement climate.

Property on Lanzarote can also be surprisingly upscale, as is evidenced by the appearance on the market of a very rare find indeed –  this huge six bedroom villa which is located right on the frontline in the exclusive Risco Prieto area of Puerto del Carmen, boasting uninterrupted views down to the Old Town Harbour and across to the neighbouring island of Fuerteventura.

Properties here only rarely make it onto the market and this particular slice of luxury carries a near €3 million price tag.  Which is little surprise given its amazing cliff top location, stunning mature gardens and breath taking swimming pool area.  All of which has been designed in the style of the famous local artist and architect Cesar Manrique who created some of Lanzarote´s most stylish and best loved buildings and attractions, such as the Jameos del Agua.

 

The property is being marketed by local real estate agents Homes Lanzarote and also comes with a separate one bedroom guest apartment that is just ideal for renting out to holidaymakers – a vital consideration for any potential buyer seeking help covering the mammoth mortgage repayments on this vast villa!

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