Not sure how Lanz compares to Tenerife price wise. A look at the "Freedom 4 Sale" website and mag which features both islands should tell you.

However.........prices in Lanz still seem to be going down. Lots of empty developments all over the place. Have a look round, and when you see somewhere you like, make a cheeky offer! If a developer has 100 empty properties, it must stand a good chance of working!

Its certainly a buyers market with some bargins to be had, does not
stop some people asking silly money but still worth a look.

Keith