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Caledonian to Enter the Affordable Housing Sector with a 400-Unit Project in Madrid

The property developer, which normally focuses on high-end housing, is completing its entry into affordable development, with a 400-home project in Madrid, which will reflect its pioneering designs in innovation.

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Exterior of the development Caledonian Javier Ferrero, with shared services, which is up for sale.

The Madrilenian property developer Caledonian, led by Enrique López Granados, is known for promoting ‘boutique’ style housing: high-end developments, focusing on both design and execution, and the application of energy efficiency and home automation techniques.

After developing hundreds of homes in areas with high purchasing power, such as Aravaca and Somosaguas in the northwest of Madrid, and Finca Cortesín, in Malaga, the real estate company has decided to expand its business with some more affordable housing.

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