Properties for Sale in Lomo Pelado, Canary Islands, Spain

Real estate in Lomo Pelado

The Canary Islands of Spain are a captivating destination for many foreign property seekers and investors. If you are on the hunt for an ideal house or apartment for sale in a breath-taking location surrounded by untouched, serene landscapes, Lomo Pelado should be at the top of your preferences. This charming spot in Gran Canaria known for its hillside locales and traditional Canarian houses, often is referred to as the "Hidden Gem” because of its enchanting architecture and unspoiled natural beauty. Before you get in touch with a local real estate professional, it's vital to delve into what the real estate market looks like in Lomo Pelado, what properties are currently on the market, and how much it will set you back to acquire a vacation home in such an extraordinary location. The island's allure lies in its diversity, offering a variety of properties ranging from spacious villas to quaint apartments, all enveloped in the island's charming aura. The property market in Lomo Pelado is as diverse as its landscape, catering to different budgets and preferences, making it a hotspot for local and international investors.

Lomo Pelado properties: Market trends overview

The real estate market in Lomo Pelado has also seen consistent price appreciation, making it an enticing proposition for overseas investors and property buyers, particularly from the UK, Germany, Scandinavian countries, and the United States. The coastal location of Lomo Pelado, in the Canary Islands, allows for a relaxing lifestyle while also ensuring an exciting holiday experience due to the numerous leisure centers and golf courses, and quick connectivity to the lively city of Las Palmas. Lomo Pelado provides a dynamic coastal environment, a rich cultural history, and a superior quality of life. Over the past few years, the local authorities have been injecting more funds into the development of this town, resulting in a varied range of property options for both domestic and foreign homebuyers. These include chic and practical townhouses, apartments, modern villas, traditional country houses, and penthouses. The ease of finding property and apartments for sale in Lomo Pelado, Spain, to suit any budget and lifestyle preferences has made this sun-drenched town exceptionally accommodating to foreign buyers.

Average price of a property for sale in Lomo Pelado

What would a property in Lomo Pelado, Canary Islands, Spain cost you? It's quite challenging to provide a definitive answer, due to numerous factors that contribute to the final price. These factors include the type of property, how close it is to key attractions and beaches, included amenities, and individual preferences such as high-end features, property size, ease of access, and more. Recent data indicate that the maximum price asked for a property on the market in Lomo Pelado was reported to be around €2,687 per square meter. In terms of location within Lomo Pelado, properties in the Lomo Pelado-Montaña area command the highest prices. Conversely, the least expensive properties, having an average price per square meter of about €1,956, can generally be found in the El Barranco-Lomo Pelado area. As of now, the average listed price for a home in Lomo Pelado stands at approximately €567,829.

Types of properties can you find in Lomo Pelado

In Lomo Pelado, Canary Islands, Spain, you can find an eclectic mix of properties, ranging from typical flats and maisonettes, to grand seaside estates and traditional Canarian style houses. The most desirable real estate for sale are often nestled within secure residential compounds. These compounds offer 3-4 bedroom flats featuring generous balconies and duplex homes with separate entrances, each equipped with expansive verandas and their very own kitchen. Alternatively, you might consider purchasing a newly-built estate located in an enviable spot in Lomo Pelado, Canary Islands, Spain. These properties provide stunning ocean vistas, are within reach of the beach, and offer a perfect location for comfortable living.