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The Community of Madrid Auctions Off 240 Plots of Land – What Are They Like?

The Community of Madrid is looking for buyers for 240 plots of land distributed across 31 municipalities, with a total buildable surface area of 1.1 million m².

On May 28, the Government of the Community of Madrid, led by the Popular Party’s Isabel Díaz-Ayuso and Ignacio Aguado, from Ciudadanos, announced a Plan for the Reactivation of the region’s economy following the Covid-19 crisis. The proposed measures included, amongst others, the sale of 1 million square meters of land.

Following the announcement, the procedure is now open and the first 19 plots have been put up for sale, through a public auction process.

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