Finding a cheap hotel in Lanzarote is totally possible, and you can stay in a comfortable accommodation without sacrificing quality. Personally, we prefer to stay someplace simpler, so we have more room in our budget to spend on tours or to try the local cuisine.
Besides, some of the top attractions in Lanzarote require an admission fee, so if you want to save money during your vacation, the easiest way to do so is by staying in a cheap Lanzarote hotel.
This guide will help you decide where to stay in Lanzarote, even if you’re on a budget. I’m sure you’ll be surprised by the variety of options available! Whether you want a resort with a spa, a pool, or an all-inclusive package, you’ll find what you’re looking for without breaking the bank.
To sum up, these are the 10 best cheap accommodations in Lanzarote:
- Hotel Diamar – Arrecife
- Hotel Club Siroco – Costa Teguise
- Beatriz Costa & Spa – Costa Teguise
- Hotel Suite Montana Club – Puerto del Carmen
- Hotel Floresta – Puerto del Carmen
- Hotel Lancelot – Arrecife
- Hipotels Natura Palace Adults Only – Playa Blanca
- Hipotels La Geria – Puerto del Carmen
- Aequora Lanzarote Suites – Puerto del Carmen
- VIK Coral Beach – Playa Blanca
1. Hotel Diamar, one of the best cheap hotels in Lanzarote
First, Hotel Diamar is a 3-star resort with an unbeatable location in Arrecife. This cheap Lanzarote hotel is just a five-minute walk from shops, bars, restaurants, and some of the best attractions in Arrecife, like the Charco de San Ginés and Playa Reducto.
The rooms here are bright and spacious, and some of them offer wonderful ocean views. If you prefer the outdoors, you can hang out on the hotel’s communal terrace for some rest and relaxation. For those traveling on business, this is one of the best cheap hotels on Lanzarote since it has a meeting room where you can work.
Everyone will enjoy the café, where you can try some authentic Canarian dishes as well as international cuisine. There is also a daily breakfast buffet where you can fuel up for the day’s adventures. After a day of sightseeing and exploring, treat yourself to a cocktail or snack from the on-site bar.
2. Hotel Club Siroco, another cheap hotel in Lanzarote, Canary Islands
The Hotel Club Siroco is another cheap hotel in Lanzarote with a privileged location. It’s in the diverse downtown area and it’s just 1,000 feet from Playa de los Charcos, one of the best beaches in Costa Teguise.
In addition to its rooms, this complex has some of the best apartments in Costa Teguise, with studios, one-bedroom units, and two-bedroom rentals. Each apartment has a living room with a sofa and a kitchenette with a microwave and coffee maker. Some of the units even have a private balcony or terrace where you can sit and enjoy views of the pool.
Moreover, this cheap Lanzarote hotel is for adults only, so in addition to all its comforts, you’ll be able to spend a relaxing and quiet vacation with your partner. The resort provides a complimentary bottle of wine upon your arrival, so you can start your holiday right away.
Among the other amenities here, there is a pool with massage jets and a poolside bar that serves cocktails and refreshments. This is also a half-board accommodation, so breakfast and dinner are included in your visit. There are different dining options available, including a delicious buffet, making this one of the best cheap places to stay in Lanzarote.
3. Beatriz Costa & Spa, the best cheap hotel in Lanzarote for a quiet vacation
Beatriz Costa & Spa is another Costa Teguise resort that offers great Lanzarote hotel deals. This accommodation is in a quiet part of town where you can enjoy peace and tranquility while still being close to Costa Teguise’s top attractions.
The rooms here are modern, comfortable, and spacious enough for those traveling with family or friends. Each room has a private balcony where you can lounge and take in beautiful views of the pool or garden.
One of my favorite things about this cheap Lanzarote hotel is the 21,500ft² pool deck, which is surrounded by lush gardens with waterfalls and lakes. The complex also has an athletic center where you can play tennis, petanque, and mini golf.
When it’s time to eat, choose between three delicious restaurants, including a buffet with show cooking, an a la carte restaurant with international cuisine, and a casual restaurant with unique African architecture. There is also a piano bar where you can listen to live music while enjoying a drink, and a bar that hosts a variety of live shows.
Finally, this cheap hotel in Lanzarote pulls out all the stops with an on-site spa where you can treat yourself to a soothing body treatment or hydrothermal circuit. Its facilities include bubble beds, footbaths, saunas, a jacuzzi, a Turkish bath, and a hammam, so it’s quite the experience.
4. Hotel Suite Montana Club, the best cheap hotel in Lanzarote for couples
The Hotel Suite Montana Club is just a ten-minute walk from Playa Grande, one of the best beaches in Puerto del Carmen. So, if you’re looking for a cheap hotel in Lanzarote where you can enjoy the surf, sand, and sun, this is it. In addition, the resort is a few feet from Avenida de las Playas, an excellent place to take a walk and explore the area’s shops and restaurants.
Despite being a cheap accommodation in Lanzarote, this hotel offers one and two-bedroom apartments with a furnished balcony or terrace overlooking the property’s pool and garden. Some of the units have a spacious living room, dining room, and fully equipped kitchen, so you can easily make yourself at home.
As for the facilities, there are two large outdoor pools and a special kiddie area where the little ones can swim safely. Again, the resort is close to the beach, but you can also hang back and lounge in the solarium area. Finally, the snack bar is the perfect place to chill out with a refreshing drink or snack.
5. Hotel Floresta, a cheap Lanzarote hotel for families
This complex offers some of the best apartments in Puerto del Carmen, with modern and spacious rooms. Each apartment has two bedrooms, a living room, a fully equipped kitchen, and a terrace where you can sit outdoors and get some fresh air.
I consider this one of the best cheap hotels in Lanzarote for families since you’ll have all the comforts of home along with special amenities you’ll only get on vacation. For example, there are two saltwater pools and two freshwater pools specifically for adults and kids.
You’ll also have all kinds of entertainment options from games and performances to children’s clubs. For the adults, there is volleyball, water polo, tennis, and mini golf, so this is one cheap Lanzarote accommodation where you won’t get bored.
Another thing to highlight is the property’s garden, which is the ideal spot to unwind, disconnect, and immerse yourself in a natural landscape.
6. Hotel Lancelot, a cheap hotel in Lanzarote on the beach
Hotel Lancelot is one of the best cheap places to stay in Lanzarote thanks to its location and traditional style. The resort has a breezy seaside aesthetic and it’s in front of Playa Reducto, one of the best beaches in Lanzarote.
Here, you can stay in a spacious and comfortable room with a private balcony and simple decor. Two-bedroom suites are also available and include a living room, an equipped kitchen, and a large terrace overlooking the ocean.
This cheap Lanzarote hotel also has a swimming pool and a rooftop solarium where you can lounge in the sun while taking in the turquoise water and nearby surroundings. If you like to stay active, the resort has a free gym where you can get your workout in.
Finally, when you get hungry, check out the casual restaurant where you can dine with an ocean view. There is also a lively bar and a piano bar with live music, making this an awesome beachfront hotel deal in Lanzarote.
7. Hipotels Natura Palace Adults Only, another one of the best cheap hotels on Lanzarote
If you’re looking for a cheap Lanzarote hotel where you can spend a holiday with your partner, check out Hipotels Natura Palace Adults Only. This 4-star accommodation is in a quiet part of town, so it’s the perfect place to rest after visiting some of the top attractions in Playa Blanca.
Several types of rooms are available here, some of which feature a living room and a furnished balcony or terrace with ocean views. You can also book one of the villas, which includes a kitchen and a beachfront garden area. Regardless of your room type, you’ll always have a fresh supply of coffee, tea, water, orange juice, and fruit.
As for the facilities, there are two heated outdoor pools and a whirlpool, so you can go swimming year-round. There is also a large communal terrace with hammocks where you can lounge in the sun and enjoy the quiet. Of course, if you prefer to exercise, you can work out in the gym or attend one of the group activities.
Another thing that makes this one of the best cheap hotels on Lanzarote is that there are several dining options. The buffet offers different dishes every day, while the a la carte restaurant serves local Canarian cuisine and fresh seafood. You can also visit the poolside bar for light snacks and drinks, or the lobby bar for cocktails and live music.
8. Hipotels La Geria, a cheap Lanzarote hotel you’ll love
Located next to Playa de los Pocillos in Puerto del Carmen, Hipotels La Geria is another beautiful, cheap hotel in Lanzarote.
This 4-star hotel offers an all-inclusive package, so you can make the most of your vacation without worrying about the final price. You’ll get breakfast, lunch, dinner, and a selection of drinks, snacks, desserts, and cocktails included in your plan.
As for the rooms, they’re simple but elegant, with everything you need to feel at home. Some of the rooms have a balcony overlooking the sea.
Moreover, this cheap Lanzarote hotel has facilities and amenities that you would expect from a more luxurious resort, such as a pool and an outdoor terrace with sunbeds and umbrellas. There is even a spa where you can book a massage and relax in a Finnish sauna.
Finally, this is one of the best cheap places to stay in Lanzarote as a family since there are activities and entertainment options for all ages. Plus, the buffet serves Canarian dishes and cuisine from all over the world, so everyone will find something to please their appetite.
9. Aequora Lanzarote Suites, an all-inclusive, cheap hotel in Lanzarote
Aequora Lanzarote Suites is another cheap Lanzarote hotel and one of the overall best all-inclusive hotels in Lanzarote. It’s just a three-minute walk from Playa de los Pocillos, so if you’re traveling to Puerto del Carmen with family, this is a great option.
The rooms here are spacious and super comfortable, and there are facilities for all ages. For example, there are five swimming pools, including one with waterslides and a splash pad that the kids will love. There is also a kids’ club and a playground, making this one of the best hotels in Lanzarote.
For older guests, there is a nightclub where you can party, as well as bars and pubs located in the area around the hotel. If you prefer a relaxing getaway, check out the on-site spa, where you can pamper yourself with different treatments and massages.
Finally, this cheap hotel in Lanzarote offers plenty of dining options, including an adults-only buffet, another buffet with show cooking, and a restaurant specializing in Canarian cuisine.
10. VIK Coral Beach, a luxurious, cheap hotel in Lanzarote, Canary Islands
Last but not least, VIK Coral Beach is a cheap hotel in Lanzarote, specifically in the Montaña Roja area of Playa Blanca. It’s about a ten-minute drive from the town center, so you can enjoy a tranquil vacation without being far from all kinds of shops and restaurants.
In addition to being a cheap Lanzarote accommodation, here you’ll find some of the best villas in Lanzarote, so I highly recommend it. The bungalow-style villas reflect traditional Canarian architecture and offer lots of privacy, so they’re perfect for a romantic getaway. You’ll have two bedrooms, a living room, a kitchen, and a private terrace with views of the pool, garden, or sea.
Along with a beautiful beachfront accommodation surrounded by gardens, you’ll be able to enjoy the complex’s facilities. These include a large swimming pool and my personal favorite, a huge terrace where you can watch one of the best sunsets on the island.
If you upgrade to the Premium Villas, you’ll have access to exclusive luxury amenities like an outdoor hydromassage shower.
With that, you have the best cheap hotels on Lanzarote! I hope you found an accommodation that fits into your budget and meets all your expectations. I’m also sharing a map with all the cheap Lanzarote hotels I mentioned, but you can also check out this tourist map of Lanzarote to find more accommodations and attractions.
Don’t forget that we have a complete guide with cheap travel tips to help you make the most of your vacation budget. If you have any other questions or you’d like to share your experience staying at one of Lanzarote’s cheapest hotels, feel free to leave me a comment below.
Have a great time on this Canary Island!