Fuerteventura’s Housing Revamp: €14 Million Investment Announced
The Cabildo of Fuerteventura and La Oliva Town Hall are moving forward with a €14 million rehabilitation project for residential homes in the municipality. This initiative will improve 507 properties across Corralejo’s Old Town phases I and II (262 homes), phase III (107 homes), and El Cotillo (138 homes).
This project is part of a broader investment exceeding €53 million aimed at building and refurbishing housing in Fuerteventura, supported by the Cabildo, local councils, the Canary Islands Government, and the Ministry of Housing, with funding from the European NextGeneration programme.
Lola García, President of the Cabildo of Fuerteventura, emphasised the collaboration among various authorities to enhance housing quality and accessibility on the island. “Over €19 million of this investment is allocated for residential area rehabilitation, ensuring dignified housing, with similar projects planned for Puerto del Rosario and Tuineje,” she stated. García also noted the importance of utilising existing buildings rather than developing new land, urging for further housing improvements throughout the municipality.
La Oliva’s Mayor, Isaí Blanco, highlighted their commitment to refitting the 507 homes in Corralejo and El Cotillo, aiming to improve the quality of life for residents.
Pino de León, Director of the Canary Islands Housing Institute, pointed out that the Government of the Canary Islands is taking concrete steps. In Corralejo, there is a current initiative for 77 new public homes, alongside three ongoing rehabilitation projects in the Old Town, including one in El Cotillo.
The Canary Islands Government, through the Housing Institute, oversees these rehabilitation programmes, selecting projects funded by European resources and directing them to local authorities for implementation.
De León added that these interventions, particularly in energy efficiency, will directly benefit over 500 local families and expand the public housing supply to meet existing demand. This strategy is being executed across all islands, with over 4,000 housing projects underway, including both new builds and rehabilitation efforts.
