Despite the state transfer being approved by law in 2022 and the houses already appearing registered in the Property Registry in the name of the Cabildo de Lanzarote, they denounce the announcement of the request for a new legal report.
The strong increase in housing prices in the Canary Islands compared to salaries raises the cost of an average home in the archipelago to 122 months of gross salary, more than ten years.
The percentage of sales by foreigners has fallen almost six points in three years in the archipelago, although they only occur more in Balearic Islands and Valencian Community
The percentage increases year after year in the Canary Islands, which is the fifth autonomous community where a larger amount of salary is allocated to paying rent
Since February, the main benchmark index for variable-rate mortgages in Spain has climbed nearly 0.6 points, placing itself at levels not seen since September 2024
In Lanzarote, the construction of protected housing is mainly moving through the public route, although nothing prevents any developer from replicating the model on Lanzarote land.
Part of the fall can be explained by the sharp increase in the mortgage requested in the archipelago, which have increased by 28% on average between March of last year and March of 2026
The Housing Department hires the services of lawyer Emilio Jiménez Aparicio to issue an external opinion on whether it is legal to give away those homes or if they should charge for them.
The Teguise City Council initiates sanctioning proceedings against the individuals who have carried out enclosures in some areas of the unfinished construction that has been abandoned for 21 years.
The Director General of ICAVI, Pino de León, explains that although the regional body has "its foot on the accelerator," the legal operation of the transfer "has its edges."
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ASCAV had the opportunity to present its vision and proposals to alleviate the shortage of housing for rent in the residential sector on the continent.
The province formed by Lanzarote, Fuerteventura, and Gran Canaria is the sixth most expensive province in the country with the square meter at an average of 15.9 euros for rentals
The price increase is even higher for the Canary Islands as a whole, from April to April, prices rose by 18.6%, so an average apartment costs 43,000 euros more than a year ago
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Also, it may be allocated to infrastructures or to the improvement of the environment. The Reserve for Investments in the Canary Islands notably reduces the taxation of business profits
The European Short-Term Rental Alliance (ESTRA) and the national Federation, both led by Doris Borrego, have been selected to contribute to the design of future European housing policies
The Canary Islands Valuation Commission will be able to access real, updated, and anonymized information on real estate operations to refine the setting of the fair price
The intense increase in housing prices has not been accompanied by the same pace in the price of garages, which are increasingly less relevant in the final price.
Far from increasing the number of available homes to buy, the supply continues to fall in almost all provinces of the country, except Santa Cruz de Tenerife and Madrid
CASA 47, the State Housing Entity, has approved the requirements for the acquisition of housing throughout the country, prioritizing the most strained areas
Data, diagnosis, and solutions for an island with 20,000 empty homes, 91% of the territory non-developable, and more than 10,000 registered vacation homes
Prices have increased more than in the Canary Islands in ten other autonomous communities, although the archipelago started from higher prices and low wages