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Madrid to Put 72 Plots for 10,000 Rental Homes Up For Auction in the Autumn

The Executive chaired by Isabel Díaz Ayuso will put out to tender 72 plots located in 27 Madrid municipalities for the construction of 10,000 rental homes at affordable prices.

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The difficulty in terms of access to housing has almost always been an issue that has particularly affected young people, due to the precariousness and temporary nature of their jobs and their limited capacity to save. However, this situation has been further aggravated in recent months as a result of the coronavirus crisis.

As a result, and within the framework of ‘Plan Vive’, the Community of Madrid is looking to solve this problem by putting out to tender several plots of land for the construction of rental housing at affordable prices.

Read the full article in Spanish.

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