Madrid Announces 3,100 Affordable Rental Homes and a Map of Vacant Flats

The Community of Madrid unveils a €450 million plan for rehabilitation and the identification of vacant properties to expand rental supply.

Generic image of residential buildings under construction in a Spanish urban setting.
IA

Generic image of residential buildings under construction in a Spanish urban setting.

The Community of Madrid has announced an ambitious package of measures to address housing access, including the creation of 3,100 new affordable rental homes and the development of the first regional map of vacant properties.

The plan, presented by Isabel Díaz Ayuso, includes a total investment of €450 million. Of the 3,100 homes, 2,500 will be incorporated into the Plan Vive Solución Joven, while the remaining 600 will be managed by the Social Housing Agency (AVS) and will prioritize groups facing housing access difficulties.
The expansion of the Plan Vive will also reserve homes for members of the State Security Forces and Corps, bringing the program's total to 16,500 homes in the region. Additionally, the Plan VIVE Sanitario has been launched for healthcare workers under 35, with 120 homes already reserved in a development of 1,000 flats near the Infanta Sofía Hospital in San Sebastián de los Reyes.
The Rehabilitar Madrid plan, endowed with €450 million and co-financed by the State Housing Plan, will focus on the rehabilitation of older buildings, acting both on a property-by-property basis and on entire neighborhoods. Interventions will aim to improve energy efficiency, accessibility, and property conservation.
€33 million will be allocated to an autonomous program for the installation of elevators, and the network of rehabilitation offices will be strengthened to facilitate citizens' access to aid.
The third pillar of the plan is the creation of a regional map of disused properties. This tool will allow for the identification and location of these properties to guide public policies and accelerate their incorporation into the rental market.
These measures are in addition to the Law on Urgent Housing Measures, which aims to mobilize land and streamline procedures. The objective of the Community of Madrid is to promote more than 70,000 protected homes during the current legislature and lay the groundwork for 280,000 in the next fifteen years.