The urbanization of 'Playa Famara' was designed by a Norwegian architect with the aim of creating holiday homes that blend into and coexist with the natural environment. It comprises of approx. 200 semi-circular bungalows located in the foothills of the 'Los Riscos' mountain range overlooking the bay of Famara. The bay of Famara has the largest natural beach on the island and has many good surfing breaks that work on various states of the tide.

The urbanisation has a bar, restaurant and a local shop and is now a mixture of holiday homes and residential properties. Traditionally it has been a popular holiday destination for Scandinavian and German guests, but over recent years it has also been discovered by people from mainland Spain. Overall the development has a friendly, cosmopolitan atmosphere. The only nightlife is in the local restaurant but the village of Caleta de Famara is only a short walk away. If you do decide to have dinner in Caleta de Famara, take a torch as the walk home is rather dark.