Nomad Watch

Essentials

City
Caleta de Famara, Lanzarote, Canary Islands, Spain
Population
Approx. 1,100
Internet Speed
300-600 Mbps via Fiber optic (Movistar/Digi available in most village houses)
Currency & Banking
1 EUR ≈ 1.09 USD. Major credit cards accepted, but keep cash for small surf shops.
Tap Water
Not drinkable (desalinated). Buy 5L or 8L jugs at Supermercado Otilia for €1.40.
Power
230V, 50Hz, 🔌 Type C/F sockets
SIM Card
Digi (best value), Movistar (best coverage), Vodafone. 20GB for approx €10.
Banking for Expats
Revolut (highly recommended), N26, or CaixaBank in nearby Teguise.
Accommodation
Surf houses, beachfront bungalows, and private apartments via Airbnb or local agencies.
Cashless Friendly
Mostly yes, though some small bars prefer cash for transactions under €5.
Short Term Rentals
Famara Apartments, Airbnb, and Lanzarote Retreats starting at €70/night.
Budget Accommodation
Red Star Surf & Yoga Camp, ZooPark Famara (approx. €25-€35/night for dorms).
Best Area to Stay for Tourists
The 'Bungalows' (Urbanización Famara) for views and quiet.
Best Area to Stay for Digital Nomads
Caleta de Famara Village (close to cafes, gyms, and local life).

Working and Networking

Best Coworking Space
The Sende (nearby in the mountains) or local surf schools like Red Star Surf which offer workspace to guests.
Best Cafe for Work
Cafetería El Sibarita (good Wi-Fi, great coffee) or Croissant Alva.
Networking Events
Weekly 'Surf & Work' meetups organized via the Lanzarote Digital Nomads Facebook group.
Social Events for Expats
Friday night beers at Tasca Rasca or sunset gatherings at the pier.

Transportation

Best Taxi/Ride App
No Uber/Bolt. Use local Taxis (Radio Taxi Lanzarote: +34 928 524 222). Famara to Airport approx €35.
Bike/Scooter Rental
Vulcano Bike (Costa Teguise) or Rent-a-Bike Famara (approx €15-€20/day).
Best Beach Nearby
Playa de Famara (6km of sand right at your doorstep).
Top Regional Airline
Binter Canarias (connecting to other islands for approx €30-€50).
Top International Airline
Ryanair, EasyJet, and Vueling fly into Arrecife (ACE).
Highway Access
LZ-402 connects Famara to Teguise and the main LZ-1 highway.
Main Train/Transit Hub
No trains. Principal bus hub is Estación de Guaguas in Arrecife.
Public Transport Passes
IntercityBus Lanzarote. Use the 'Bono Bus' card for 20% discounts on fares.
Regional Travel
Bus Line 20 (Arrecife-Famara) and Line 31 (Costa Teguise-Famara).

Health and Wellness

Best Hospital
Hospital Doctor José Molina Orosa in Arrecife (25 mins away).
Yoga & Wellness Centers
Yoga Famara (classes on the dunes or in-studio for approx €12-€15).
Gyms & Fitness Centers
Limited in town; most use 'The Beach Gym' (outdoors). Closest full gym is in Teguise.
Laundry Services
Self-Service Laundry in Socorro (Teguise) or local surf camps with guest machines.

Food and Drink

Best Food Delivery App
Very limited reach. Glovo operates in Arrecife/Costa Teguise, rarely Famara.
Best Local Dish to Try
Papas Arrugadas with Mojo Verde/Rojo and fresh grilled wreckage fish (Cherne).
Vegan/Vegetarian Options
The itsy bitsy (Great salads), Veggie items at El Sol.
Best Dessert Spots
Pastelería Panadería El Tertuliano (Local pastries and 'Gofio' desserts).
Affordable Shopping Spots
Supermercado Otilia or the Eurospar in nearby Teguise for better prices.
E-commerce/Online Store
Amazon.es (Delivery takes 5-10 days due to customs/island location).
Grocery Delivery
Mercadona (Online delivery service available if ordered to Caleta de Famara).
Bar/Nightlife Area
Small bars along Avenida El Marinero; Tasca Rasca is the local favorite.
Local Brewery
Cerveza Nao (based in Arrecife, served at local bars like El Chiringuito).
Wine Bars
Restaurante El Risco (Excellent selection of local Malvasia Volcánica wines).
Street Food Stalls
Teguise Sunday Market (15 mins away) for local snacks, cheeses, and empanadas.
Popular International Cuisine
Dunas de Famara (Upscale fusion/International) and various Pizza spots.

Culture and Attractions

Must-See Landmarks
Riscos de Famara (dramatic cliffs) and the shipwreck visible at low tide.
Museums & Art Venues
LagOmar Museum (Nazaret) - former home of Omar Sharif built into volcanic caves.
Historical Sites
Villa de Teguise (Oldest town in Canary Islands, 15 min drive).
Religious Sites
Ermita de la Sagrada Familia (Small chapel in the village).
Annual Events
Fiestas del Sagrado Corazón de María (Late August) with traditional boat processions.
Cultural Districts
The historic center of Teguise for colonial architecture and artisan shops.
Theater Venues
Teatro Víctor Fernández Gopar 'El Salinero' in Arrecife.
Local Markets
Teguise Sunday Market (the largest outdoor market in the Canary Islands).
Music Scene
Live acoustic sessions often held at La Palmera or local festivals.
Street Art
Murals by local artists near the harbor area depicting marine life.
Cooking Classes
Workshops at the Teguise Food Market focusing on Mojo sauce and Gofio.
Art Galleries
Fundación César Manrique (Tahiche) - stunning art/architecture integrated into lava.
Historic Buildings
Castillo de Santa Bárbara (Teguise) overlooking the island.
Local Heritage
The legacy of César Manrique, ensuring no buildings over two stories and white/green/blue colors.

Nature and Outdoor Activities

Nearby Nature Escapes
Chinijo Archipelago (Glass bottom boat from Orzola to Isla Graciosa).
National Parks Nearby
Timanfaya National Park (Volcanic landscapes, 30 min drive).
Cycling/Walking Paths
The coastal sand track from Famara to Caleta de Caballo (hiking/trail running).
Scenic Viewpoints
Mirador del Río (designed by Manrique) overlooking La Graciosa.
Birdwatching Locations
El Jable (desert-like plains behind Famara) hosting the Houbara Bustard.
Bonfire-Friendly Spots
Generally strictly prohibited on beaches for conservation; use designated BBQ areas in Arrieta.

Other Services and Amenities

Parcel Delivery Service
Correos (Post office) in Teguise; DHL and SEUR serve the village.
Tech Repair Services
Informática Lanzarote (Arrecife) for laptop/phone repairs.
Table Tennis Spots
Community areas at some surf camps (e.g., Lanzasurf).
Language Classes
Surf & Spanish programs at Red Star Surf or private tutors in Teguise.
Libraries & Study Spots
Biblioteca Municipal in Teguise (Quiet but limited hours).
Community Centers
Centro Sociocultural de Famara (Local meetings and occasional workshops).
Gaming Lounges
None in Famara; some gaming cafes available in Arrecife.
Casino & Gaming Halls
Gran Casino de Lanzarote (Puerto del Carmen).

Business

Studio Purchase Price (City Center)
Approx. €4,500 per m² (e.g., 35 m² = €157,500) - Famara is high-demand/low-supply.
Studio Purchase Price (Outside City)
Approx. €3,000 per m² (e.g., 35 m² = €105,000) in La Santa or Soo.
1-Bedroom Purchase Price (City Center)
Approx. €4,200 per m² (e.g., 55 m² = €231,000).
1-Bedroom Purchase Price (Outside City)
Approx. €2,800 per m² (e.g., 55 m² = €154,000) in Tinajo area.
2-Bedroom Purchase Price (City Center)
Approx. €4,000 per m² (e.g., 85 m² = €340,000).
2-Bedroom Purchase Price (Outside City)
Approx. €2,600 per m² (e.g., 85 m² = €221,000) in Tahiche or San Bartolomé.
Corporate Tax
4% (Special ZEC Zone - Canary Islands Special Zone, requires investment and job creation).
Dividend Withholding Tax
19% - 28% depending on amount (Standard Spanish rates, though ZEC has exemptions).
Tax System
Spanish Resident (Worldwide income) but with specific Canary Island indirect tax (IGIC) instead of VAT.
Highest Income Tax Bracket
47% (Varies slightly by autonomous region).
VAT
7% (Known as IGIC in the Canary Islands, much lower than 21% on mainland Spain).
Controlled Foreign Company (CFC) Rules
Yes, strict Spanish/EU anti-evasion rules apply.
Property Tax
Yes, IBI (Impuesto sobre Bienes Inmuebles) based on the cadastral value.
Property Transaction Tax
6.5% ITP (Transfer Tax) in the Canary Islands for resale properties.
Attractive Tax System for Digital Nomads
Beckham Law (flat 24% for up to 6 years) or the Digital Nomad Visa tax incentives.

Continue exploring Famara