Canarias Boosts Housing: 507 Homes to be Rehabilitated and 200 New Ones in Fuerteventura

The Government of the Canary Islands is investing over 53 million euros in building and improving housing in Fuerteventura, focusing on La Oliva and Puerto del Rosario.

Canarian volcanic landscape with traditional white architecture.
IA

Canarian volcanic landscape with traditional white architecture.

The Government of the Canary Islands has initiated actions to improve 507 homes in El Cotillo and Corralejo, and is building 200 properties in Puerto del Rosario and La Oliva, as part of an investment exceeding 53 million euros.

The total investment in Fuerteventura surpasses 53 million euros, allocated to the construction and rehabilitation of housing. The projects, developed in collaboration with the Cabildo of Fuerteventura, the La Oliva City Council, and the Ministry of Housing and Urban Agenda, focus on improving 507 homes in El Cotillo and Corralejo, and constructing 200 additional properties in Puerto del Rosario and La Oliva.
The plans include the rehabilitation of residential areas in the Old Town of Corralejo (Phases I and II, 262 homes) and Phase III (107 homes), as well as in El Cotillo (138 homes). These rehabilitation efforts, totaling nearly 14 million euros, are financed by European NextGeneration funds.
The director of the Canarian Housing Institute, Pino de León, highlighted that the Executive is moving from words to actions by combining the construction of new public housing with the rehabilitation of the existing residential stock. In Corralejo, a development of 77 public homes is already underway, and three rehabilitation projects in the Old Town are progressing in parallel, in addition to the planned one in El Cotillo.
De León explained that the Government of the Canary Islands, through the Canarian Housing Institute (ICAVI), coordinates the management of these programs, selects projects funded by European funds, and channels resources to the administrations responsible for their execution. The interventions, particularly focused on improving energy efficiency, will directly benefit over 500 families and contribute to facilitating access to decent housing.
The strategy extends to all islands, with over 4,000 homes in progress. The collaboration between the State, the Government of the Canary Islands, island councils (cabildos), and city councils is considered essential to address the housing emergency in the Archipelago. Specifically in Fuerteventura, three developments are under construction (two in Puerto del Rosario and one in La Oliva), with two more planned in these municipalities.
The president of the Cabildo of Fuerteventura, Lola García, emphasized the inter-administrative coordination enabling this investment, noting that over 19 million euros are allocated to the rehabilitation of residential areas on the island, including actions in Puerto del Rosario and Tuineje. She advocated for continued focus on recovering existing housing stock and reusing built structures as a complement to new construction.
The mayor of La Oliva, Isaí Blanco, stated that progress is being made in rehabilitating a total of 507 homes between the Old Town of Corralejo and El Cotillo, aiming to enhance the quality of life and well-being of the residents.
The Minister of Territorial Policy, Ángel Víctor Torres, described these actions as an example of inter-administrative collaboration to build and rehabilitate housing, addressing a primary citizen need, and reiterated the Spanish Government's commitment to such initiatives.
Also participating in the visit were the insular councilor for Social Action, Víctor Alonso; the councilor for Infrastructure, Blas Acosta; the insular director of the General State Administration, María Jesús de la Cruz, along with representatives from the Cabildo and the La Oliva City Council.
Based on information from the official source: Gobierno de Canarias — Portal de Noticias (30/07/2026)