Properties for Sale in Santa Maria de Gracia, Canary Islands, Spain

Real estate in Santa Maria de Gracia

The Canary Islands, off the northwest coast of Africa, has a distinctive allure that draws numerous foreign property buyers and investors. A prime destination is Santa Maria de Gracia, a gem on the island of Lanzarote. If your dream is to own a home or an apartment in an idyllic location with picturesque beaches, fuelled by eternal sun, then Santa Maria de Gracia should be at the top of your list. This charming town is nestled on a coastal expanse and boasts traditional Canarian architecture with a collage of colorful and white-washed houses that give it the endearing label of “Pueblo de Colores” or “Village of Colors” for its vibrant streetscape and breathtaking vistas. Before you reach out to a local real estate broker, do some exploration about the property market in this area, the kinds of properties waiting for new owners in Santa Maria de Gracia, and what sort of investment you'll need to make to acquire a vacation home in such an extraordinary location. The diversity of real estate in Santa Maria de Gracia ranges from quaint apartments and townhouses in the heart of the village to luxurious villas and country houses on the outskirts. With its perfect blend of traditional charm and modern convenience, Santa Maria de Gracia offers a living experience that combines the best of island life, providing a serene retreat from the hustle and bustle of city life. Immersed in the rich, cultural heritage of the Canaries and surrounded by stunning natural beauty, investing in Santa Maria de Gracia promises an unmatched lifestyle that epitomizes the essence of a Spanish paradise.

Santa Maria de Gracia properties: Market trends overview

Santa Maria de Gracia's real estate market has been demonstrating a continuous upswing in property values, proving to be highly lucrative for overseas investors and property buyers, particularly from the Netherlands, the UK, Germany, and the United States. The strategic location of Santa Maria de Gracia on the scenic Canary Islands offers a balanced lifestyle, combining the tranquility of island living with an exhilarating holiday experience, thanks to the wide range of leisure centers and golf courses and its close proximity to the energetic city of Las Palmas. Being an important tourist destination famed for its unique cultural heritage and exceptional quality of life, Santa Maria de Gracia has been witnessing increased investment in its urban development in recent years. This has led to an expansion of the local real estate portfolio, with a notable variety of residential properties available to both local and international buyers. From contemporary townhouses and apartments to sleek villas, traditional Canary homesteads, and stylish penthouses, the property options are abundant. Therefore, finding properties for sale in Santa Maria de Gracia, Spain, to match differing budgets and lifestyle preferences is a straightforward task. This makes the lush, picturesque town an inviting destination for foreign property buyers.

Average price of a property for sale in Santa Maria de Gracia

Wondering how much you might have to shell out for a property in Santa Maria de Gracia, Canary Islands? Many elements come into play when determining the selling price, such as the type of property, its closeness to the town center and beaches, available facilities and your personal desires (like high-end features, size, accessibility, among others). The latest data reveals that the peak asking price in Santa Maria de Gracia was €2,582 per square meter. From this, it's noticeable that the neighborhood of Puerto de la Luz, hosts the more expensive properties. On the other hand, the Las Arenas-Ciudad Jardín area has properties with the most affordable rates, averaging around €1,850 per square meter. On average, for a residential property, the expected listing price hovers around €540,000 right now. These figures fluctuate due to market conditions and changes in the local property landscape.

Types of properties can you find in Santa Maria de Gracia

Santa Maria de Gracia, Canary Islands, Spain, boasts an eclectic mix of properties that can cater to various tastes and preferences. From modern apartments and plush penthouses to exclusive beachside residences and traditional Spanish casas, there is something for everyone. The prime properties on sale are situated in secure residential complexes. These complexes house 3-4 bedroom apartments complemented by expansive terraces and duplex homes with individual entrances, each featuring generous terraces and stand-alone kitchens. For those seeking luxury, there are newly-built villas nestled in favored locales of Santa Maria de Gracia, offering awe-inspiring views of the ocean. These villas are within comfortable walking distance to the beach, making them ideal living spaces for both locals and expats alike on this picturesque Spanish island.