Politics · Spain · 13 hrs ago
Spain approves €201 million plan for up to 2,500 affordable rental homes
Spain's government has approved €201 million in support for private developers to build affordable rental homes.
The plan could produce up to 2,500 homes across Spain, including projects in Málaga, Seville, Valencia, Cantabria and Guadalajara.
The homes will be on land owned by Casa 47, the public agency responsible for managing the properties.
Casa 47 will set rents and rental conditions, rather than leaving those decisions to the developers.
Rent payments must not exceed 30% of a household's income, and the homes will remain protected housing.
Rental use can last up to 75 years, starting with a 14-year term that can be extended.
Developers can receive support for up to 60% of the required investment; projects needing more will be handled directly by Casa 47.
Spain’s Council of Ministers approved a €201 million plan to support private developers building up to 2,500 affordable rental homes.
The homes will be managed by the public body Casa 47 and remain protected housing.
Rent will be capped at 30% of the household’s income, and the homes may be rented for up to 75 years.
The plan can cover up to 60% of the required investment; projects needing more support will be developed directly by Casa 47.
The projects are expected in locations including Málaga, Seville, Valencia, Cantabria and Guadalajara.
- Who
- Spain’s government approved the plan. Private developers will build the homes, and Casa 47 will manage them.
- What
- A €201 million plan will support the construction of up to 2,500 affordable rental homes.
- When
- 27 October 2026.
- Where
- In Spain, including Málaga, Seville, Valencia, Cantabria and Guadalajara.
- Why
- To accelerate the construction of affordable rental housing.
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- Funding
- €201 million
- Planned homes
- Up to 2,500
- Maximum investment support
- 60% of the required capital
- Rent limit
- 30% of household income
- Rental term
- Up to 75 years
3 sources
El Gobierno aprueba 200 millones para que promotores privados construyan 2.500 pisos de alquiler asequible en suelos públicos
El Gobierno aprueba una subvención de 201 millones a promotores privados para construir 2.500 viviendas públicas
El Gobierno lanza su 'Plan Vive' con 201 millones de euros para construir 2.500 viviendas asequibles con el sector privado
What people are saying
We want to work with the private sector, but not at any price. We are not going to hand them the keys.
The objective is to accelerate the construction of that affordable housing stock that will be managed by Casa 47.