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FINDING YOURSELF SOME ACCOMMODATION


With regards accommodation you will find that the majority of businesses will not come with any accommodation and so you will need to find a property to rent or buy. We of course can help you to find properties to rent or buy through are partner residential Estate Agents. Many new arrivals on the island do choose to rent to start with so that they can truly decide where they would like to be based.

Currently long-term rentals on the island are not as plentiful to find as in the UK, many properties are rented on short-term/holiday basis, however there is always accommodation to be found. Rent on a two bedroom apartment/villa will be between €600 and €1000 per month dependant on its location.

We would recommend anyone moving to the island to have a reserve of money to help them to move, find accommodation and for the time that they will spend before their new business provides them with an income.

If you choose to move over to the island before you have found your new business then you would need a much larger reserve as there can be a lengthy period of time for all paperwork to be completed and you are able to start operating.

Our advice to avoid eating in to your capital funds is ideally come over to the island on a fact finding trip (where we will take you to visit businesses suitable to your requirements) bringing with you your deposit funds, then you would be able to sign a deposit contract and return to the UK. Your deposit contract is time limited (anywhere between 4 – 8 weeks generally) and so you could then arrange to move over here to complete the transaction on arrival and commence work in your new business immediately.

If you are looking for residential property in Lanzarote then take a look at Lanzarote Property which is Lanzarote's only property search engine.

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