Fuerteventura &Gran Canaria &Lanzarote &Tenerife 13 Jun 2007 12:04 pm
Property for Sale in the Canary Islands (Spain)
With over 10,000 estate agent properties in their magazine and online, Freedom4sale is the number one property magazine and web site portal for Spain and the Canary Islands.
It’s an absolute must for anyone looking for properties in mainland Spain, Tenerife, Fuerteventura, Lanzarote and Gran Canaria.
The Website & Magazine (www.freedom4sale.com)
Online you’ll find a specific property search function, where you can search through a massive amount of properties right throughout mainland Spain and the Canary Islands. You can also search properties via a certain estate agent.
Since the beginning (over seven years ago) Freedom4sale has built up a wealth of information about property in the Canary Islands, including; maps, buying advice and local information.
They’ve recently branched out and now include other “hot” investment areas around the globe, both in the magazine and online.
Emerging markets
As the world’s beaches are becoming more and more congested, people are looking further a field for their dream home in the sun.
Recently, British estate agents have begun marketing beachside developments in places like Cape Verde, the Seychelles, Mauritius, Belize, Brazil, Réunion and even Nicaragua. But some traditionalists, most British buyers in fact, continue to look to more established locations like Spain, the south of France and the Greek Islands.
Paradise found (In Europe)
The Algarve, in Portugal, is a popular choice for buyers on a normal budget. Here, £300,000 will buy you a place fit for a king. This area is less densely developed than Spain but has the same climate, a very sophisticated infrastructure and some truly amazing beaches. Properties are well built and the government has limited the number and scale of new developments.
Spain and the Canary Islands still have a massive range of coastal properties available. On the mainland however, prices have dropped by as much as 20% from their 2006 highs, whereas on the Canary Islands prices still appear to be rising. Many investors are pulling out of the mainland and now investing in the Canary Islands.
Overdevelopment along coastal areas has been one of Spain’s major problems. It’s not uncommon for people to buy front-line apartments with a glorious sea views one year only to discover a new development built in front of it the next year.
Cyprus also has a large volume of coastal properties and they’re going incredibly cheap. For a large house or villa in the Paphos and Limassol area you’d pay as little as £150,000.
Another area where you can find your dream villa at real prices is Sardinia. This is one of Europe’s best-kept secrets, but not for long! In Costa Paradiso, in the northwest of the island, you’ll find three and four bedroom villas for just £250,000. For one and two bedroom flats, prices start at as little as £90,000.
Online Membership
If you’re serious about investing in Tenerife, Fuerteventura, Lanzarote or Gran Canaria you should set up your own freedom4sale property account. With this you’ll be able to keep track of the properties you are most interested in, stay updated with the latest properties coming onto the market and much much more.