Many people are buying a holiday home in Lanzarote, not just for use as a holiday home for themselves, but to rent out and as an investment for the future as they see poor returns on other investments. So where do you start and how do you make sure that the decision you make is the right one?
This article is aimed at buyers whose primary interest is buying the right property for their own holidays, and renting out is of secondary importance.
Firstly buy a good book like “Buying a home in Spain” by David Hanpshire – a source of so much great information. Decide on the dates for a buying trip and give yourself plenty of time for research prior to your visit. Most of that research will be done on the internet. Your choice and location of property will much depend on your preferred area and your budget but if you have an open mind, then there is no shortcut to spending hours on the internet looking through estate agents websites which youve found through a search engine. Bear in mind that a lot of estate agent website are quite often not up to date and often a property shown as being for sale isnt. Once youve confirmed that your chosen shortlist of...
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