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There has been a lot in the news with regards to buying property in Spain with the Spanish Presidents proposals for a 100% tax on foriegn buyers. There is a housing emergency is sweeping Europe and the housing shortage has become the main problem for Lanzarote residents, the luxury housing market continues from strength to strength. The supply for the premium market, which includes homes that exceed 2.5 million euros, has increased by 7% in Spain. With that said a luxury real estate website Luxurystate.com has published an advertisement for a villa in Lanzarote for sale for six million euros. The house, with 472 meters built and 2,500 meters of plot, is located in the Barranco del Quíquere, in Tías, and is on the first line of the coast. The property, which includes a main house and two apartments, has a private gym and sauna. Additionally, the master bedroom includes a hot tub on its terrace overlooking the ocean.The smart house has control of lighting, air conditioning and security from a tablet. The location is premier and due to the strict conservation laws in the Canary Islands, a property like this, located in a protected natural environment would be impossible to build today.