The construction sector is the one that has grown the most so far in 2026 in Lanzarote. According to the latest data on companies registered with Social Security compiled by the Lanzarote Data Center from records of the Canary Islands Institute of Statistics (ISTAC), the island closed last October with 502 construction companies with employees, a historic record in Lanzarote.
After starting the year in January with 430 companies—the lowest point of the year after the year-end adjustment—the sector began an escalation from March (438) with seven consecutive months without setbacks: 454 in April, 461 in May, 473 in June, 481 in July, 491 in August, 495 in September, and 502 in October. In just ten months, Lanzarote's construction fabric has incorporated 72 new net companies (+16.74%).
The dynamism of new construction, the renovation of accommodation facilities, and residential remodeling is directly reflected in the intermediary market. Real estate activities reached 243 companies in October, after adding 31 new companies in the last year (+14.62%) compared to the 212 registered in October 2025.
Although real estate companies experienced a slight moderation during the central summer months (dropping to 228 in July), they rebounded strongly in September (239) and October (243) to close the period at their peak.
Adding both sectors, construction and real estate now concentrate 745 companies in Lanzarote —13.76% of the island's entire business fabric, which amounts to 5,413 — and are responsible for 28.51% of the net growth in companies registered on the island in the last twelve months (+69 out of a total of 242 new companies).
In the overall Lanzarote economy in the last year, companies constituted as companies grew by 5.38% (from 3,029 to 3,192), well above the increase in self-employed workers with employees (+3.69%, from 2,142 to 2,221). For their part, companies with between 10 and 249 employees increased by 7.82% (from 895 to 965).
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