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I have recently completed the purchase of my third property on Lanzarote by utilising the services of Atlantico Homes and I cannot speak too highly of their professional approach.
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Lanzarote Statistics and Demographics 2022
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 2021 stands at 156,189 residents.
This figure represents the highest yet recorded and represents an increase of .24% versus 2020 figures. And of these, 31% are residents who were born elsewhere than in the Canary Islands (48,636), with non-Canarian residents also showing a small increase over figures from 2020, but a much larger rise since 2019, when there were 45,691 residents in Lanzarote who were not born there.
While this increase is statistically small it indicates that the population continues to grow year on year and has done since 2015, after several years of relatively stable figures following the financial crisis in 2008, when the economy and number of residents contracted
Despite the popularity of Lanzarote as a holiday destination its total population accounts for just 6.95% of the entire 2,246,370 population of the Canary Islands (ISTAC figures from 2021).
Population by Municipality (2021)
Population by Nationality (2021)
How has the pandemic and Brexit impacted house prices on Lanzarote? How much does it currently cost to buy a property in Lanzarote?
Property prices vary even on a small island like Lanzarote, as some areas are more sought after than others.
Price € per m2 by municipality
These figures illustrate that the three municipalities with tourist resorts (Tias, Teguise and Yaiza) in them consistently have higher selling prices than the four other municipalities, indicating that this is where the demand for property is most consistent.
Tourist Visitor Numbers
The Coronavirus pandemic obviously caused a massive disruption in tourist visitor numbers during the course of 2020, reducing arrivals to 795,213 in total for the year.
2021 showed a significant recovery in tourist numbers, with the annual total standing at 1,188,783, an interannual increase of 49%. Revealing just how quickly holiday demand can rise when factors that have prevented people from travelling are removed.
Foreign Tourist Arrivals
Foreign Tourist Arrivals in 2019 by Nationality
British tourist numbers remained fairly constant at around 46% of the total number of visitors, with numbers rising slightly between 2018 and 2019. German visitors also declined in 2019 by 5.52% in comparison with figures for 2018, but Irish holidaymakers went up by over 20,000 or 6.95% at the same time. With increases also noted in the Spanish holiday market of 36,404 more visitors in 2019 and amongst French tourists (8,227 more). Most of the other tourist markets saw declines in visitor numbers – the Dutch, Belgian, Scandinavian and Italian markets all saw lower figures of arrivals than in 2018.