Calle Lanzarote

Posts Tagged ‘lanzarote’

Apartment Sales Drive Lanzarote Property Market

Sunday, March 9th, 2008

Demand for property for sale in Lanzarote priced above the €300,000 mark has fallen flat. According to figures recently released by one of the islands largest property portals, Lanzarote Guidebook.

An analysis of 636 property enquiries received during the first two months of this year revealed that overseas investors currently have little interest in villas and houses. And are instead opting for apartments and studios. Suggesting that recent changes in market conditions and consumer confidence are stifling demand for the more expensive properties currently on the market. Whilst investors instead turn to lower risk and lower cost options.

According to Lanzarote Guidebooks figures 83% of all enquiries received in January and February 2008 were for properties priced €300,000 or below. Whilst properties priced below €150,000 attracted 43% of all enquiries.

And demand falls as price rises – with properties priced in the €300,000 to €500,000 bracket accounting for 10% of all enquires. Whilst properties priced above the €500,000 mark proved to be of interest to just 3% of all overseas investors.



Emma’s Cantina Mexicana in Puerto del Carmen

Sunday, March 2nd, 2008

I passed Emma’s Cantina Mexicana in the old part of Puerto del Carmen last year, and was tempted to go in and try it.  Unfortunately, on the evening that I was planning to go there it was closed, so I didn’t actually get to.

However, I hear it comes highly recommended, and allegedly has the only native Mexican chef on the island – which considering the number of tex-mex restaurants is quite a feat in itself.

So since I won’t be going back there myself this year, perhaps anyone who goes there could leave a short comment on this blog and tell me how it is?   Go on, make me jealous!



(Un)-employment on Lanzarote

Tuesday, February 26th, 2008

I have a dream – a dream that one day I will be able to run my business from just one laptop, and that with that laptop I will be able to move to Lanzarote.

From there, I would sit on a balcony over looking the old harbour in Puerto del Carmen and provide remote IT support or web-design services using that very laptop.

All that before taking a dip on the pool.

OK, so that dream is still some way away, and perhaps even more so after I read that the Canary Islands have almost 150,000 unemployed.

It’s not the sort of thing that you see or even think about as a tourist.  In the bustle of the local shops and restaurants, you get the impression that everyone on the island has a job to do, sometimes even two.

On the other hand, I guess that the number of jobs on the island is limited and so moving for your dream job can mean moving away from the island and thus from your home.   Can you imagine leaving such a beautiful part of the World in search for work?

I for one, could not.  Perhaps I should remain a tourist and do my bit to reduce that unemployment figure!



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