SummaryThe Gran Canaria Blue ChaffinchFringilla polatzekiis a threatened, endemic, forest‐dwelling bird species of the Canary Islands, whose core population at the end of the 20th century was restricted to the pine forests of Inagua Nature Reserve (38 km2). A translocation programme released birds from a breeding centre into the nearby (<3 km) pine forests of La Cumbre in the years following 2010. From 2015 to 2019 the La Cumbre population was reinforced by translocation of wild juveniles from the source population of Inagua. We estimate the population size, the spatial variation of abundance, and recent temporal changes in density of the species in Inagua and La Cumbre by means of line transects, distance sampling, and habitat suitability modelling using random forests. The average density of the Blue Chaffinch in Inagua Nature Reserve was 10.2 birds/km2in spring 2019, with a population estimated at 362 birds (95% CI: 257–489). The most important variables affecting the distribution of the Blue Chaffinch in Inagua were the amount of precipitation during the summer (July–September), the solar radiation in June, and the northern position in the reserve, highlighting the importance of abiotic factors related to thermal and hydric stress during the breeding season. The density was considerably lower in the translocated population inhabiting 21 km2of pine forests in La Cumbre (3.3 birds/km2), with an estimate of 68 Blue Chaffinches (35–141) breeding freely in the wild. The translocation programme successfully contributed to the establishment of a second viable nucleus, accounting for 16% of the total population within a time span of 10 years. This result reinforces the role of translocations in preventing extinctions of endangered species with very low population sizes restricted to only one isolated area.