This initiative, promoted by the Community of Madrid, aims to expand the supply of protected rental housing in the municipality. The development is specifically located at Calle Francisco Revellés Tejada, 1.
The homes, which vary from one to three bedrooms, include a garage, storage room, and terrace. The residential complex also offers amenities such as an outdoor gym, children's play area, and smart mailboxes. Community fees, IBI (property tax), and other charges are included in the final price, not exceeding 15% of the rent.
Monthly prices are 542 euros for one-bedroom homes, 755 euros for two-bedroom homes, and up to 959 euros for three-bedroom homes. These costs represent a saving of between 20% and 40% compared to current market prices.
The application process will be carried out exclusively online through the designated website. Allocation will be based on the order of registration, with key handover expected between June and July.
“"The procedure establishes that there will be no in-person registration, so access is channeled entirely online."
Priority criteria will be established for applicants, favoring those registered in Colmenar Viejo or working in the municipality for at least three years. General requirements include being of legal age, not owning another home in Spain, having Spanish nationality or legal residency, and meeting specific income limits (between 1.5 and 5.5 times the IPREM), in addition to not allocating more than 35% of annual income to rent payments.
