Lobos Islet forms part of Corralejo's Las Dunas Natural Park. It is a natural reserve where time ago sea wolves used to stay for their mating rituals, because of that its name. It is possible to arrive only on the ferry that leaves from Corralejo's dock.

It owns very valuable habitats in a splendid conservation state. Its beautiful sea bottoms, declared underwater reserve area, contain a great ecological wealth. There is one of the best places of the island to practice diving, surfing and sailing.