Tenerife Launches Construction of 104 New Social Housing Units

The Tenerife Island Council has officially begun construction on its first three public housing projects. This initiative aims to tackle the island’s housing shortage by creating 104 units for social rent. The project, a collaboration with the Government of the Canary Islands, represents a 21.16 million euro investment and is the first step in the Council’s goal to provide 1,000 new homes by the end of its current term.

The new homes are being built in Los Realejos, Güímar, and Granadilla de Abona, where initial site preparation and foundation work are already underway. Granadilla will receive the largest share of the budget, with 9.61 million euros allocated for 47 homes. In Los Realejos, 6.11 million euros is being spent to build 27 units, with work currently focused on ground stabilization. Finally, 5.43 million euros has been set aside for the construction of 30 units in Güímar.

Island Vice President Lope Afonso and Housing Minister Sonia Hernández recently inspected the sites, where construction is expected to take 18 months. This project marks a shift in how the Council manages housing, moving toward a more active role in the real estate market to help address the growing difficulty residents face in finding affordable homes.

This construction drive addresses a critical need in the Canary Islands, where a lack of subsidized housing has pushed rental prices higher in recent years. By providing affordable social housing, the Council hopes to offer relief to residents and help stabilize the market in areas where demand has far outpaced private supply. The completion of these projects in the next year and a half will be a key test of the Council’s strategy to address one of the region’s most urgent social issues.