Four-year extension granted for new luxury hotel in Playa Blanca
The Yaiza Council has granted a four-year extension to the construction licence for a new five-star hotel in Playa Blanca, in the south of Lanzarote. The project is backed by Explotaciones e Inversiones Timanfaya SL and will create 342 rooms with a total capacity of 684 guests.
The scheme was provisionally classified by the Lanzarote Cabildo in April 2024, following a previous favourable ruling under the former island government. However, that earlier approval was never made official.
The building licence was later granted by Yaiza Council, but despite securing the necessary permits, the developer initially requested a refund of the construction tax (ICIO), as work was not due to begin.
More recently, the company has asked for a four-year extension to its licence to allow time to start building, although no works have yet begun.
The hotel will occupy a 41,906-square-metre plot in Playa Blanca’s Costa Papagayo area, of which 25,373 square metres are designated as buildable land. The site sits close to Lanzarote’s largest hotel, Barceló Playa Blanca, which opened in late 2023 amid public protests calling for limits on tourism growth on the island.
Developers have already declared their intention to start the hotel activity and asked the council for the necessary approval report.
Share:
