The most expensive apartment in Arrecife is located on Avenida Fred Olsen, a house with an area of 226 square meters and 8 years old, according to an assessment carried out by the Precioviviendas.com portal. The website, based on market data for all homes in the city, has highlighted that "the price of housing in Arrecife has risen by 8.80% in the first half of the year" and that "the real estate stock in the capital of Lanzarote adds up to a market value of 2,346 million euros" with its 23,030 homes.
The most expensive apartment in the capital is followed in the evaluation by another on the same Fred Olsen road, of 225 square meters and 28 years old, with a value of 355,275 euros; and a house on Fajardo street, valued at 309,063 euros, which has an area of 213 meters and 20 years.
As for the streets, the old Jose Antonio Primo de Rivera, current Manolo Millares, "would be the road in Arrecife with the highest value", since its 546 homes add up to a total value of 60,245,155 euros. This is followed by Triana Street, with a value of 57,663,919 euros.