Translate
Lanzarote Overview

Lanzarote Overview

From striking volcanic landscapes to year-round sunshine, Lanzarote offers overseas buyers a distinctly characterful and well-supported property market.

Population 156,189
Area 845.9 km sq
Timezone GMT
Language Spanish
Lanzarote market overview

Lanzarote market overview

Lanzarote combines year-round sunshine, volcanic landscapes and a well-established overseas property market, from coastal apartments and resort villas to modern developments and traditional inland homes. The island attracts buyers looking for a warmer lifestyle, second homes with rental appeal and long-term investment in a carefully protected destination. Development remains low-rise and closely managed, helping preserve Lanzarote’s distinctive character. Hamptons International works with trusted local partners across the island, combining local knowledge with an international perspective throughout the search.

Why buy property in Lanzarote

House Icon

Lifestyle and quality of life

Life in Lanzarote is shaped by sunshine, outdoor living and a slower pace of life. Coastal restaurants, local markets, tapas bars and quiet inland villages give each area its own character. The island avoids heavy overdevelopment, with whitewashed buildings, open landscapes and strong architectural protection influenced by César Manrique.

Gym Icon

International appeal and accessibility

Lanzarote is highly accessible for UK and European buyers, with regular direct flights to César Manrique-Lanzarote Airport and journey times of around four hours from London. Its shared winter time zone with the UK also makes remote working and regular visits straightforward.

Garden Icon

Long-term investment potential

Lanzarote’s property market remains resilient, supported by limited new development, strict planning controls and year-round visitor demand. Coastal areas such as Playa Blanca, Puerto del Carmen and Costa Teguise continue to attract strong interest, while existing holiday rental licences have become particularly valuable.

Buying property in Lanzarote

Foreign buyers can purchase property in Lanzarote, although they will need a Spanish NIE number and clear legal advice before committing. UK and non-EU buyers should also consider the 90-day rule unless applying for a suitable visa, such as a Digital Nomad or Non-Lucrative Visa.
The buying process usually starts with an agreed offer and reservation agreement, followed by a private purchase contract and deposit. Completion takes place before a local notary, who confirms the formal transfer of ownership.
Buyers should instruct an independent, English-speaking lawyer based in the Canary Islands. They will check planning permissions, debts, title, contracts and any rental licence attached to the property.
Buyers should usually budget around 10% to 13% on top of the agreed purchase price, covering transfer tax or new-build taxes, notary fees, land registry costs and legal fees.
Hamptons International works with trusted local partners in Lanzarote to support buyers with location advice, property values, local processes and introductions to lawyers, currency specialists and property managers.
Living in Lanzarote

Living in Lanzarote

Living costs in Lanzarote are generally manageable compared with many parts of mainland Europe, with lower utility bills helped by the warm climate and reduced need for winter heating. Local taxes are also competitive, while day-to-day essentials, dining and public transport remain accessible. Healthcare is strong, combining access to the Spanish state system for registered residents with a well-developed private sector. Families can choose between local Spanish state schools and international or bilingual options, while the established expat community provides useful practical support for new arrivals.

Why choose Hamptons International in Lanzarote

At Hamptons International, we combine international property expertise with a carefully selected network of trusted local partners in Lanzarote. Whether you are looking for a coastal apartment, a private villa or a quieter inland home, our team can connect you with the right people and provide clear, professional guidance throughout your purchase.

By submitting this form, you acknowledge that your data will be processed by Countrywide Estate Agents Limited for the purposes of providing the service and/or product you have requested. Personal data will be processed in accordance with the Data Protection Act 2018 and all other applicable data protection law and regulation. Full details of how we may process your data can be found in our Privacy Notice