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Lanzarote Statistics and Demographics 2017/2018
Want to find out more about current property market conditions and trends in Lanzarote? We've compiled lots of useful information in order to assist buyers with their Lanzarote property search. Much of this information has been sourced from Spain's Instituto Nacional de Estadística, along with other authority sources such as Frontur and ISTAC (the Canary Island Institute of Statistics).
If you have any further questions and can't find the answers below please feel welcome to contact us direct.
Population and Demographics
Lanzarote's current official population at year end 2017 stands at 147,023 residents, an increase of 1.3% versus 2016 figures.
The island's population has expanded very rapidly over the last 30 years. Nearly doubling since 1996, when the island was home to just 77,379 official residents.
Until the onset of the crisis and recession in 2007/8 the population was expanding year on year. However that growth has stagnated since 2008 and as a result total population figures have remained largely static over the last four years, even declining slightly since 2011.
Population by Municipality
Population by Nationality
|Nationality (Top 5)||Population|
Lanzarote is a surprisingly cosmopolitan and multi-cultural island. As nearly 30% of all official residents are of non-Spanish nationality. There is no figure available for the number of residents born solely within the Canary Islands.
The Spanish are, unsurprisingly, the largest demographic group by nationality on the island, accounting for 103,693 official residents - about 72% of the total population.
The British are the second largest group - almost double the size of the next largest grouping, Germany. Reflecting the scale and importance of the UK tourist market, which is Lanzarote's largest by some distance.
How much does it cost to buy a house on Lanzarote? How much have prices fallen by since the recession? And what is the current outlook for property prices on the island?
Garnering 100% accurate information about house prices on Lanzarote is a tricky business, not least as official statistics cover the region of Las Palmas as a whole, which encompasses Gran Canaria and Fuerteventura, as well as Lanzarote.
However it is possible to glean overall price trends from this information - which indicates that the cost of properties for sale in the Las Palmas region as a whole and by square metre have been falling year on year since their peak in 2008. Prices fell back slightly in the fourth quarter of 2013 to 1,273.4 per square metre and again sharply in the third quarter of last year, leaving them well below pre-2008 levels.
During the course of 2017 prices across the Canaries have fluctuated. But here on Lanzarote and especially in the resort of Puerto del Carmen they have been climbing steadily, well ahead of the median data. Driven primarily by demand from overseas investors seeking holiday rental properties.
|Year||Price Per Square Metre (€)|
Tourist Visitor Numbers
Tourist arrivals on Lanzarote boomed to record levels during the course of 2017, with the island welcoming well over 3 million visitors for the first time ever. Some of this increase can be accounted for by the declining popularity of former competitor destinations such as Turkey, Egypt and Tunisia.
Foreign Tourist Arrivals
The figures illustrate that foreign tourist arrivals rose steadily throughout the 1990's, reaching a high water mark in 2003. Figures then dropped off during the recession before recovering ground substantially in 2010 and 2011. In part this can also be attributed to the greater availability of low cost flights to the island from 2010 onwards.
Foreign Tourist Arrivals By Nationality 2017
Arrivals from Lanzarote's key foreign markets of the UK, Germany and Eire all rose substantially during the course of 2017. Along with growth in smaller secondary markets such as France, Italy and Holland. The UK remains the largest source of tourists by some distance, accounting for around 45% of all tourist arrivals.