I've never been there, but if you want to learn to loop I think pozo is a good place. The wind is pretty strong though, but you'll have pretty good ramps, not big waves, but nice ramps to practise jump and loops too. You can go to gran canaria pretty cheap often, I don't know what the accomendation prices are... If you are 21+ you are able to rent a car and check out some of the other spots down there...
I think pozo is a good spot, heard lot of good things about it. There are very very often (much) wind, and then you have theese nice ramps. There are rocks too, not very nice, but maybe it all right for you?
my idea.
Sam