Summary of building work taking place in the holiday resort of Costa Teguise.

Paradisus Salinas Lanzarote (previously Melia Salinas)

The only 5* hotel in Costa Teguise has delayed reopening after refurbishment to the end of July.

Ficus Hotel

Construction started on the open ground directly opposite the front of the Ficus Hotel during the second week of January 2022. Initially there were a couple of diggers on site doing ground work, rumoured to be for a small hotel linked to the Ficus. Work has progressed in mid February, there’s now a crane onsite and ground floor construction. In early October 2022 the crane has been removed and two floors constructed.

Nua shopping centre

Work has begun (in late November 2022) on the frontline of Playa Las Cucharas beach to build Nua, a new shopping centre on the plot next to the Peskera restaurant. Owned by Kumar Dadlani, this building is sure to be another example of his talent for creating high quality businesses such as Lani’s Suites & Serenity in Puerto del Carmen. The investment is in the region of 50 million Euros and the project term is a maximum period of 2 years.

New 5* Gloria Palace Costa Teguise Hotel

Work started in late 2019 on the new frontline hotel to be built next door to the Sands Beach Resort in Costa Teguise. More than two years later in April 2022 the ground work has ceased and the site appears to have been abandoned.

The 5* Gloria Palace Costa Teguise is licensed for 709 beds and is scheduled to be inaugurated in 2024.  Room types will include 252 double rooms of which 7 are adapted; 40 suites (2 adapted), 60 suites with their own pools (2 adapted), 3 single rooms and a premium suite with private pool. Plans include building one of the largest spas in Europe ( 4,811.63 m2) a strong focus on health and well being. Sports facilities include a multi purpose track, padel courts and a gym.

Costas the agency responsible for Spain’s coastline has rejected permission for a new beach to be created in front of the hotel. This decision has been appealed by Gloria Hotels.

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