Lanzarote has 99.4% more vacation homes than just two years ago. This is according to the data from the General Tourism Registry of the Canary Islands, where they must be registered indispensably in order to carry out the activity.
In June 2023, the island had 5,198 homes on the tourist market, as recorded by the CajaCanarias-Ashotel Tourism Chair, only 24 months later it reaches 10,368, if we compare it with the data updated this Tuesday. The vacation homes registered in Lanzarote are growing above the rest of the archipelago and almost double those registered two years ago.
This unprecedented growth occurs without a shock plan by local institutions and driven by the call effect created by the announcement of a regional law to contain its growth, which foresaw tightening the requirements.
For the moment, the Ministry of Tourism of the Government of the Canary Islands, in the hands of the Popular Party, has refused to approve a moratorium to stop the transfer of residential homes to the vacation market. Meanwhile, the vacation home law is still not moving forward.
Tourist homes have grown by 99.4% in Lanzarote; they have increased by 87% in Tenerife, 65% in Gran Canaria; 66.3% in Fuerteventura; 48.2% in El Hierro; 29% in La Palma; and 27.2% in La Gomera.