At a glance The plan: 326 homes in Mogan and San Bartolome de Tirajana, in three separate projects by 2028
Project 1 (Arguineguin, Mogan): 59 VPO homes, entirely price-regulated rental (alquiler tasado), ~€10m, ready end of 2026
Project 2 (adjoining plot): 71 homes, also fully protected rental, ~€12m, ready Dec 2027
Project 3 (Bellavista, San Bartolome): the rest of the 326, ~€30m, ready end of 2028
Track record: over 30 years Lopesan has built 1,361 mostly protected homes
Sources: Lopesan (press release), elDiario.es/Canarias Ahora, Canarias7

Let's start with what makes the plan special: it is not about expensive owner-occupier flats for the open market, but largely about protected rental housing. The first stage in the Loma de Pino Seco development in Arguineguin comprises 59 homes with official protected status (VPO), all let on "alquiler tasado" — a regulated, expressly affordable rent.

Mostly three-bedroom flats with two bathrooms, garage and storeroom are planned, plus penthouse units. Investment: around ten million euros, completion end of 2026.

Three projects, staggered to 2028

On an adjoining plot in the same development comes a second complex of 71 homes, also entirely as protected rental — two-bedroom apartments with parking spaces, storerooms and penthouses, around twelve million euros, construction starting after summer 2026, completion December 2027. The third and largest venture is rising in Bellavista in San Bartolome de Tirajana, an established residential and commercial location in the south, with an investment of around thirty million euros and completion end of 2028.

Together the three projects make up the announced 326 homes.

The location is attractive for residents: Arguineguin offers good motorway links, proximity to shopping centres and amenities, and just a five-minute walk to the beach. Lopesan is no newcomer to housing — by its own account the group has built 1,361 mostly protected homes over three decades, spread across Las Palmas (266), San Bartolome de Tirajana (778) and Mogan (317).

Context: a contribution, but no cure-all Three things belong to an honest account. First: Lopesan is above all a hotel group and is simultaneously planning a huge 953-room new hotel in Meloneras — the housing initiative is real, but also part of corporate communications. Second: 326 homes over several years is, measured against the scale of the problem, a drop in the ocean. Third: the homes are going up in core tourist areas of the south, where pressure from holiday letting and tourism is especially high. The plan can help noticeably at local level, but does not solve the structural gap.

That is exactly where its significance lies: as we showed in our analysis of the housing gap, the Canaries are short of tens of thousands of homes, and new building covers only a fraction of the households forming each year. The fact that a major private investor is now deliberately building protected rental homes is therefore notable — above all because subsidised rental is precisely the segment that is most urgently needed and least built.

What "alquiler tasado" means for tenants For homes with official protected status (VPO) and regulated rent, the rent is capped and below the open market — in return there are access conditions (such as income limits and residence). Anyone interested in such homes should keep an eye on the official allocation procedures of the responsible bodies; application and allocation are regulated and do not run through the open housing market. Concrete rents and conditions for the Lopesan projects had not yet been finalised in detail at the time of writing.

Frequently asked questions

How many homes is Lopesan building — and where?
326 in total, in three projects in Mogan (Arguineguin) and San Bartolome de Tirajana (Bellavista), staggered to 2028.
Are these expensive open-market flats?
No. At least the first two projects (59 + 71 homes) are entirely protected rental (VPO/alquiler tasado) with a regulated, affordable price.
When will they be ready?
Project 1 end of 2026, Project 2 December 2027, Project 3 (Bellavista) end of 2028.
Does this solve Gran Canaria's housing crisis?
No. It is a concrete, welcome contribution, but a small part measured against the islands' housing gap. What helps most is that it is protected rental.
How does one get such a home?
Through the regulated allocation procedures for protected homes, with access conditions. Details for the Lopesan projects had not yet been finalised.

As of 26/06/2026. Sources include Lopesan (press release of 26/06/2026), elDiario.es/Canarias Ahora and Canarias7. Figures, investment sums and completion dates are based on company statements and may change as projects progress. This article is general information and not legal, tenancy or investment advice. Illustration (Lopesan resort), not the housing project described.