According to the 2025 Residential Sectors in Spain report, published by the Ministry of Housing and Urban Agenda, the planned capacity in the 38 large urban developments analyzed in the Canary Islands—those capable of housing at least 1,000 units—totaled 67,301 homes. However, only 8,837 have been built to date, leaving over 58,000 units pending.

The situation varies significantly. About 5,000 of these homes are located in sectors that are already fully urbanized, with plots and basic services in place, which could theoretically allow for immediate construction. Some of these projects were halted following the 2008 real estate crisis or are delayed by legal disputes and land ownership issues. Notable examples include Las Rehoyas-Arapiles and Tamaraceite Sur in Las Palmas de Gran Canaria, as well as La Caleta in Adeje and Punta Larga in Candelaria.

In addition to the 5,000 units in consolidated areas, approximately 16,000 homes are planned for spaces that have basic infrastructure but very low building density, remaining as undeveloped land. The remainder of the projected homes are located in areas where urbanization has not yet begun.

The report highlights that the Canary Islands have only managed to bring 13.2% of the planned housing in these large residential zones to the market. This lack of supply contributes to the ongoing housing crisis, with prices reaching levels that make it difficult for thousands of residents across the islands to find affordable homes.