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Lanzarote Statistics and Demographics 2019
Would you like to know more about current property market conditions and trends in Lanzarote? We've put together some useful information for prospective buyers to help them in their property search. Most of this data comes from the Spanish Institute of National Statistics (INE), as well as Canarian based statistics agencies such as ISTAC (Instituto Canario de Estadísticas) and the Centro de Datos on Lanzarote.
If there's anything else you'd like to know and can't find the answers below, please feel free to contact us direct.
Population and Demographics
Lanzarote's current official population at year end 2018 stands at 149,183 residents, an increase of 1.47% compared with 2017 figures.
These figures indicate that the population of the island is still climbing, with small incremental increases each year since 2015, after several years of relatively stable figures in the aftermath of the crisis in 2008. With the total island population now higher than it has ever previously been, at just under 150,000 residents.
Population by Municipality
Population by Nationality (figures only available for 2017)
The proportion of residents of Spanish nationality has risen to 77% of the total population, from 72% in 2016.
And while British residents remain the second largest group, their numbers have dropped since 2016 by 25% and have been declining since 2011, when they peaked at just over 8,000 residents.
Suggesting that the rise in overall resident numbers has been chiefly driven by an increasingly diverse mixture of nationalities that includes over 5,000 immigrants from Latin America, with roughly the same number of residents from North African countries, such as Mauritania and Morocco.
So how much does cost to buy a property on the island? And are there still bargains to be had?
The housing market on Lanzarote is extremely diverse, with stock ranging from studio apartments in the main tourist resorts to huge country houses set in large plots of land. This diversity means that it is difficult to generalise about prices, although the last few years have seen steadily increasing prices, often at the lower end of the market, as investors have been keen to get a foothold in the holiday rental sector.
During 2018 the prices per square metre of properties in the province of Las Palmas have been steadily creeping upwards, although by no means as high as during the peak years of 2007-2009.
|Year||Price Per Square Metre (€)|
Tourist Visitor Numbers
The total of tourist visitor numbers to Lanzarote during 2018 fell back slightly from the highest figures recorded in 2017, by -2.6%. The increases in recent years were attributable in part to the perceived insecurity of North African destinations, such as Egypt and Tunisia in the wake of the Arab Spring in 2011. But were probably also the result of increased budget flights, linking up the island with previously unconnected destinations in Europe.
Foreign Tourist Arrivals
Foreign Tourist Arrivals in 2018 by Nationality
British tourist numbers remained fairly constant at around 45% of the total number of visitors, even though there was a slight decrease in actual visitor numbers from the UK between 2017 and 2018. German visitors also declined slightly, but Irish holidaymakers went up by around 30,000 at the same time. With increases also noted in the Spanish holiday market and amongst French and Belgian visitors.