Area:PLAYA BLANCA, LANZAROTE
Investor Profile:Retirement, Worker, Holiday, Business
Category:A
Population:

 

TotalBritish
4900400
Climate:Hours of Sunshine Per Day in SummerDays of Rain Per YearAverage Spring Air Temp.Average Summer Air Temp.Average Autumn Air Temp.Average Winter Air Temp.Average

Water Temp.

11572128242120
Proximity to:AirportBeachNearest City
21 miles (Arrecife)0.25 miles26 miles (Arrecife)
Educational facilities:No. of UniversitiesNo. of International SchoolsNo. of Private Schools
000
Health services:No. of Public HospitalsNo. of Private HospitalsNo. of Private Clinics
001
Shopping:No. of Shopping CentresNo. of Markets
11
Restaurants and bars:Seafront fish restaurants, fast food, Mexican, Italian, Chinese, Indian, etc. and local cuisine.
Sports and leisure facilities:Toninas and Cala Blanca scuba diving centres. Scuba diving and windsurfing centres. Sailing cruises. Team Bocinegro big game fishing. Puerto Calero submarine safaris.
Transport:Public TransportRoads
Bus services to Arrecife and Teguise market.Motorway from Arrecife. Also main road from Tias and Teguise.
Crime rate:Low
Main types of employmentTourist sector.
Future plans:New large sports complex with athletics track and swimming pools (2007). Completion of first marina.
Yield range19.5% - 21.8%
Type of propertyEntry PriceRent-

School Holiday Peak

Rent-

Peak

Rent-

Off Peak

Average Annual Yield
2 bed apartment10654395476345820.4%
3 bed apartment127851114591655020.4%
3 bed townhouse1598141526122173321.8%
Villa2343942003160396219.5%
Demand for lettingSchool Holiday PeakPeakOff peak
HighHighHigh
Finance and leisure scores:Total (out of 10)Financial (out of 5)Leisure (out of 5)
954
Flights scheduled from:Gatwick, Heathrow, London City, Luton, Stansted, Bristol, Cardiff, Exeter, Newquay, Plymouth, Bournemouth, Southampton, Birmingham, East Midlands, Humberside, Newcastle, Teesside, Blackpool, Isle of Man, Liverpool, Manchester, Aberdeen, Edinburgh, Glasgow, Inverness, Prestwick, Belfast City, Belfast International, Dublin, Guernsey, Jersey, Norwich, Leeds/Bradford
Typical cost of flights:School Holiday PeakPeakOff Peak
£599-834£444-618£333-464
Operators:BA, SpanAir, Astraeus, Thomas Cook, Monarch, My Travel, Air 2000, Britannia Airways, Excel Airways
Description:Playa Blanca is a relatively peaceful resort located on the south-west coast of Lanzarote. Only recently is the resort becoming developed with many new hotels and apartments which all seem to be catering for the luxurious end of the market.

The three beaches all have bright sands which is making Playa Blanca the choice of many to settle to.   At present the resort offers a limited choice of restaurants and shopping but this will all change in 5 years.  There is already substantial committed funds from the private sector to make this area a playground for the rich.  There will be several Casinos, upmarket bars and clubs, several five star hotels with a la carte menus all landing by 2008.

Yields are fantastic here as property prices are (currently!) cheap and rental prices are healthy.  Demand is high for rentals as the area has an all year round season.  The island is one of the more easily accessed island compared to the others in its group so there will always be a steady influx of ready and waiting tenants for your property.

Hot Website:http://www.epsylon-dw.com/blanca/
Estate Agents:NameAddressTelWeb
 Enma Consultants and ServicesAvenida Papagayo 59,

Local 11, Playa Blanca 35570 Yaiza, Lanzarote

Tel: 0034 9 28 51 91 40

Fax: 0034 9 28 51 89 95

Not disclosed
 Interval Marketing S.L.Calle Varadero 4, 35570 Playa Blanca, LanzaroteTel: 0034 9 28 51 77 60

Fax: 0034 9 28 51 77 62

Not disclosed
 Freedom 4 Sale SpainAntigua Sala de Proyeccion, Antigua Cine de Teguise, Calle Notes 15, Teguise 35530, Lanzarote(00 34) 9 28 84 59 44

Fax: (00 34) 9 28 84 59 36

http://www.freedom4sale.com/

 

Letting Agents: NameAddress TelWeb
 Realizaciones Inmobiliarias Canarias, S.A.Av. Jablillo, s/n Teguise0034 928590296Not disclosed