Location-based Landlord game for iPhone hits 1 million players

The maker of location-based iPhone property game Landlord is celebrating an impressive milestone, for its title has hit 1 million players in just under three months of being available on the App Store.

If we were to describe Landlord in a single pithy line, it would be 'Monopoly-meets-Foursquare.'

You buy up property in your immediate area (a nice twist on the Foursquare check-in system that powers it), then earn virtual money from rent as people check-in to it.

As you can imagine, property that's visited more often is much more expensive to buy, so you'll need to steadily build up your property empire if you want to acquire the real money spinners.

You can boost your income by investing in your property, adding wi-fi, putting on a karaoke evening, or setting aside VIP areas.

If you really want to become a virtual property tycoon, though, you can purchase a series of similar properties for a rent bonus and a handy level-up.

So, while the real-life property market may be stagnant at the moment, there's a thriving virtual one to be found in Landlord.

There's never been a better time to get on this particular property ladder, either, as it's free to download.