A New Era for Anjoca: Luxury Investment and Business Transformation
Anjoca, a prominent business conglomerate founded by the late Ángel Jove Capellán, a notable figure from A Coruña who passed away last year, is embarking on an exciting new chapter under the leadership of his son, Ángel Jove González. The enterprise recorded a substantial turnover in 2025, reaching €180 million, reflecting an impressive 8% growth. Central to this new phase is the highly anticipated inauguration of Elba Corralejo, the group’s largest luxury resort, set to open in December 2023.
The Elba Corralejo Resort: A Shift in Luxury Offerings
The Elba Corralejo, located in Fuerteventura approximately 30 km from the airport and just 1.5 km from the renowned Corralejo beach, marks a significant shift in Anjoca’s operations, particularly within the tourism sector. This project, primarily developed by Construcciones Ángel Jove, another entity within the group, includes 500 spacious rooms, providing options tailored for both families and adults. The resort will boast over 50,000 square meters of facilities, encompassing 24 swimming pools, six of which are designed as lazy rivers, and 4,000 square meters dedicated to children’s facilities.
Capital Investments and Infrastructure Growth
In a strategic move, Anjoca has allocated €10 million to enhance the capital of its subsidiary responsible for the resort. This investment highlights the group’s commitment to expanding its footprint in the tourism sector, particularly given its established presence in Fuerteventura. The resort’s development represents not only an increase in the volume of offerings—both in room count and amenities—but also a financial commitment of €100 million to upgrade its operational capabilities.
Located within the newly created Herculina Las Dunas—a subsidiary established in 2022—this project has not only bolstered Anjoca’s portfolio but also received substantial financial backing. Recent records indicate that the subsidiary has seen capital injections amounting to €57 million over the last two years alone, emphasizing the project’s resilience and strategic importance.
Public Funding and Employment Generation
Significantly, Herculina Las Dunas has emerged as a critical player in regional employment, benefitting from substantial public assistance. At the beginning of last year, the project secured €28.1 million from the Ministry of Finance under regional incentives aimed at bolstering economic activity and addressing territorial imbalances. This backing is pivotal for fostering the ongoing development of this four-star hotel, positioning Anjoca as a key contributor to the local economy.
Financial Performance and Future Projections
Anjoca’s financial performance encapsulates a story of resilience and growth. The latest figures submitted to the Commercial Registry reflect a turnover of €167 million for 2024, with a stable performance. The net profit surged over 18%, reaching €39.2 million. As the company wrapped up 2025, a consolidated turnover of €180 million was announced, alongside an 11% increase in profit before taxes, projected to near €53 million.
In summary, Anjoca’s journey under the new leadership of Ángel Jove González is a testament to strategic growth and investment in luxury tourism, marking a pivotal moment for the company and its stakeholders. With the Elba Corralejo set to redefine luxury in Fuerteventura, Anjoca is well-positioned for ongoing success in this competitive sector. The blend of significant investment, thoughtful capital allocation, and community focus, combined with a strong financial foundation, sets the stage for an invigorated business trajectory.
