Lanzarote is a great spot for an overseas property investment. Located in the sun soaked Canary Islands it boasts an incredible climate that delivers wonderful weather all year round. Making it possible to jet off here for a holiday in the sun even in winter. Which many visitors from the UK choose to do – so creating a ready made market for renting out your Lanzarote property, with some 1.3 million tourist arrivals each year.

So if you are unfamiliar with the island the first question to ask yourself is where can you find the better spots to purchase Lanzarote property? There are 3 major tourist resorts throughout the island which will probably be the obvious starting place, particularly if you are looking for a holiday villa or apartment to rent out to travellers. You can locate an abundance of advice about Property in Lanzarote here.

Puerto del Carmen is the oldest and the largest of these resorts and is just a short hop from the airport at Arrecife too. Even better, English is widely spoken here as it is a real hub for the expat community. Making it easier to find an estate agent.

The resort of Playa Blanca is located on the southern part of the island and is extremely popular as a vacation location. Thanks to its exceptional weather and first-rate beaches. Remarkably Property in Playa Blanca is actually less costly when compared to Puerto del Carmen too, making it a more affordable spot for those with a limited investment budget, with property for sale in Playa Blanca starting off at the low to mid 80’s range and holiday villas with pools available to buy from roughly €200,000 or higher.

Costa Teguise is known as the third and the smallest of the islands main resorts, however it also enjoys a dedicated following among the British tourist market so it’s no great surprise that there don’t seem to be nearly so many investment properties to choose from here.

And as it is only 15 minutes drive from the airport it is also very accessible. The resort was originally developed under the aegis of the local architect César Manrique so it also retains a pleasingly spacious feel.

Independent travel is an important evolving market on Lanzarote as well because of the recent introduction of additional cheap flights to the island from budget airlines such as Ryanair.

Many buyers perhaps on the look out for private holiday homes instead of just rental properties search for property for sale in the islands northern half in many cases, for instance in and around traditional villages for instance Arrieta and classic inland areas such as Haria, which is located in the magnificent Valley of 1000 Palms. This is widely viewed as one of the more beautiful locations on Lanzarote.