Population Growth on Lanzarote and What It Means for the Real Estate Market

Lanzarote Landscape

Lanzarote zählt nicht nur zu den attraktivsten Reisezielen der Kanarischen Inseln, live, invest, and buy property.

Official data from the Instituto Nacional de Estadística (INE) clearly shows that Lanzarote’s population has been growing steadily in recent years.
For property buyers, investors, and people considering a move to the island, population trends are a key indicator of housing demand and market stability.


Total Population of Lanzarote: A Clear Upward Trend

Throughout 2024 and into 2025, Lanzarote recorded continuous population growth.

Total population figures (INE):

DateTotal Population
1 Jan 2024163,230
1 Apr 2024164,198
1 Jul 2024165,042
1 Oct 2024166,304
1 Jan 2025166,878

In just twelve months, the island gained more than 3,600 new residents.

From a real estate perspective, this confirms sustained demand for housing, especially in residential areas close to services, beaches, and employment centers.


Longer-Term Population Development

Looking at previous years makes the trend even more evident:

  • Population 2023: 158,798 residents
  • Earlier population level: 155,637 residents

Within a relatively short period, Lanzarote has added over 11,000 residents.
For an island with limited space and controlled development, this growth has a direct impact on property prices and availability.


Foreign Residents: A Key Driver of the Property Market

International residents play a major role in Lanzarote’s demographic and real estate development.

Foreign population figures:

DateForeign Residents
1 Jan 202439,056
1 Apr 202439,639
1 Jul 202439,991
1 Oct 202440,633
1 Jan 202541,020

As of January 2025, around one quarter of Lanzarote’s population is foreign.

For the property market, this means:

  • Strong demand for buy-to-live properties
  • Continued interest in second homes and long-term rentals
  • High relevance of international buyers from Europe

Preliminary Census Results for 2025

INE’s preliminary census data confirms that population growth continues in 2025:

DatePopulation (Preliminary)
1 Apr 2025167,436
1 Jul 2025167,279
1 Oct 2025167,840

Although minor fluctuations occur, the overall direction remains positive, supporting long-term confidence in the local real estate market.


What Population Growth Means for Real Estate Buyers and Investors

Population growth on Lanzarote directly affects the property market in several ways:

  • Rising demand for residential property
  • Increased pressure on housing supply
  • Stable or growing property values
  • Strong rental demand, especially in popular areas

For buyers, this highlights the importance of timing and local market knowledge.
For investors, demographic growth supports long-term value retention.


Outlook: Lanzarote’s Real Estate Market in the Coming Years

If current trends continue, Lanzarote is likely to:

  • Approach or exceed 170,000 residents
  • See continued demand in both urban and coastal locations
  • Remain attractive for international buyers and relocations

Understanding population data helps buyers make informed decisions and reinforces Lanzarote’s position as a solid real estate market within the Canary Islands.


Source: Instituto Nacional de Estadística (INE)

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