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422 Affordable Rental Homes Delivered in Pinto Under Plan Vive

The Community of Madrid and Pinto City Council handed over keys to young people and families in an event chaired by Isabel Díaz Ayuso.

Generic image of modern apartment buildings with balconies.
IA

Generic image of modern apartment buildings with balconies.

The President of the Community of Madrid, Isabel Díaz Ayuso, and the Mayor of Pinto, Salomón Aguado, have handed over the keys to 422 affordable rental homes in Pinto, as part of the Plan Vive.

The development, which involved a private investment of nearly 38 million euros, is built on public land provided by the Community of Madrid. This project is part of Plan Vive, a regional initiative aimed at facilitating housing access for young people and families.
With this new delivery, Plan Vive now encompasses 5,785 allocated homes, benefiting approximately 15,000 young people. Díaz Ayuso highlighted the initiative as "one of the most important in all of Spain" and praised its public-private collaboration model, which uses public land for more efficient rental construction.
The regional president noted that the success of Plan Vive is attracting interest from other national and international administrations seeking to replicate its model. It is anticipated that this legislative term will conclude with 14,000 such homes in development, with a particular focus on Madrid's southern metropolitan area.
Of the homes already delivered, 2,116 are located in municipalities in the south of the Community of Madrid, such as Alcorcón, Getafe, and Móstoles. The Pinto development, situated on Isaac Albéniz street, offers one, two, and three-bedroom apartments, plus 17 units adapted for people with reduced mobility. All units include a garage and storage room, and the complex features common areas like a swimming pool and gym.
Díaz Ayuso emphasized that the Community of Madrid accounts for over 40% of protected housing built in Spain since 2019. The region is promoting more than 70,000 protected homes this term, with 14,000 belonging to Plan Vive. Currently, 5,939 homes are under construction and over 2,000 are awaiting permits.
The Mayor of Pinto, Salomón Aguado, thanked the regional president for fulfilling her commitment and highlighted the transformation of the vacant lot into a modern development. He stressed the importance of Plan Vive in offering opportunities to families and young people in the city, contributing to "recovering the pride of being from Pinto".
Other mentioned initiatives include the Plan Vive Solución Joven, with 5,500 homes for those under 35, and Mi Primera Vivienda. The Community of Madrid is also working on large urban development projects projected to create 280,000 homes over the next 15 years.

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