One of the eight official Canary Islands, Lanzarote is perhaps the most instantly recognisable from the air. Its black lava landscape dotted with whitewashed houses and properties is in stark contrast to its desert-like neighbour, Fuerteventura. While it may look otherworldly and quite exclusive, Lanzarote has been welcoming holidaymakers for decades. Holidays in Lanzarote can be incredibly good value for those looking for sun, sand and solace on a budget.
While the island has been undergoing somewhat of a luxury makeover in the last few years, it doesn’t mean that prices are inflated. Whether you’re looking for a cheap-and-cheerful self-catering apartment, a basic beach hotel to rest your head, a good-value family resort or simply a place to stay that doesn’t break the bank, Lanzarote has you covered.
Looking for the very best hotels in Lanzarote? Discover them with our guide.
Best budget hotels in Lanzarote 2025
There are some incredibly reasonably priced hotels, villas, B&Bs and apartments on offer across the volcanic island, from classic resorts such as Playa Blanca, Puerto del Carmen and Costa Teguise, to more rural spots in Arrieta and the island’s more residential north.
Ross Clarke
1. Nautilus Lanzarote hotel
Puerto del Carmen
This four-star beachside hotel is great for those wanting the flexibility of an apartment with the convenience of hotel facilities and services. Its range of apartments, many fully accessible, come with their own terraces for sunbathing and outdoor feasts, a fully equipped kitchen, an iron and ironing board, a TV and more. There are two heated swimming pools, mini-golf, library, a breakfast room, and a staggering 800 pieces of art dotted around the complex.
Address: Calle Gramillo, 5, 35500 Puerto del Carmen, Las Palmas, Spain
Read more: The 7 best things to do in Tenerife’s Costa Adeje, from sunbathing to whale watching
2. H10 Timanfaya Palace hotel
Playa Blanca
If you’re looking an adults-only break on a budget, then the Timanfaya Palace would be a savvy choice. Located in the much-loved southern resort of Playa Blanca, the hotel has an all-inclusive board…
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