Reduced property bargains in the Canary Islands, Gran Canaria, Tenerife and Lanzarote, property for sale at reduced prices, many bargains to be found

The Canary Islands have been a long term favourite destination for property investors and people looking for second homes. However, like the rest of the world, property in Tenerife, Lanzarote and Gran Canaria have dropped in recent months as the credit crunch hit home.

Despite this, the Canary Islands property market appears to be more buoyant than mainland Spain and property prices have not dropped back as much as mainland Europe. However, there are developers who are keen to sell and negotiate sensible deals and our property finders are constantly being advised about private sellers who are desperate to sell and reduce their asking price.

The weak pound has meant that many ex pats who moved to the canary islands are unable to survive financially and are being forced into a situation where they have to move home. As sad as this situation is, our property finders are here to help you pick up a bargain.