Government to buy 73 empty houses on La Palma

Government to buy 73 empty houses on La Palma

Image: Twitter

The Government of the Canary Islands will buy 73 empty houses on La Palma for people whose homes were destroyed by lava.

The Vice President and Minister for Finance, Budgets and European Affairs of the Government of the Canary Islands, Roman Rodriguez, has confirmed that the regional executive will buy the first 73 empty homes on La Palma and that the government will provide prefabricated houses to help residents who have lost their homes due to the Cumbre Vieja volcano.

The government is interested in two private developments that are currently empty, one of them in the urban area of ​​Tazacorte, with 44 homes, and another in Montana de Tenisca, in Los Llanos de Aridane, with another 29.

Rodriguez said the funds will be released in favour of the public company Visocan so that it can formalise the acquisition.

Lava from the Cumbre Vieja volcano swallowed houses and land worth 87 million euros on La Palma, according to a study by

The market value of the 245 missing homes is estimated to be 66.5 million euros. The types of homes affected by the disaster range from luxury homes worth more than 950,000 euros to others of a “very small rustic character” valued at 23,500 euros.

Some 18 million euros worth of farm land has also been destroyed by lava.

Thank you for taking the time to read this article, please remember to come back and check The Euro Weekly News website for all your up-to-date local and international news stories and follow us on Facebook and Instagram.

Author badge placeholder
Written by

Deirdre Tynan

Deirdre Tynan is an award-winning journalist who enjoys bringing the best in news reporting to Spain’s largest English-language newspaper, Euro Weekly News. She has previously worked at The Mirror, Ireland on Sunday and for news agencies, media outlets and international organisations in America, Europe and Asia. A huge fan of British politics and newspapers, Deirdre is equally fascinated by the political scene in Madrid and Sevilla. She moved to Spain in 2018 and is based in Jaen.