Madrid awards three bidders the construction of rental housing


The Madrid city council awarded the Culmia bidders Avintia Desarrollos Inmobiliarios SLU and Pecsa Real Estate SLU Spaces by Vía Ágora the construction of housing oriented to the rental regime for 25 municipal plots of law in areas distributed among the 11 affected districts.

Sources from the Urban Development area have reported to Europa Press that “they had been presented 14 offers from 5 different bidders“. This contest was based on public-private collaboration, in surface rights, for 45 years, for homes with a rent 25% lower than the average price of each area and to which the family unit will dedicate no more than 25% of its income.

Next week the technical teams of the area he leads will start working Mariano Fuentes (CS) with those of the successful bidders so that they request the corresponding licenses and can start building as soon as possible. In addition, work is already underway on a second competition for surface rights, in 8 plots for another 350 homes.

Fuentes has highlighted that “this contest is a milestone for the municipal administration and for the management of urban planning” since “it changes the way of understanding public-private collaboration and takes it one step further”. “Not only will it serve as an example for other cities, which have already asked us for information, but, above all, it will make 2,000 new affordable rental homes available to the people of Madrid. They are three goals achieved: increase the supply of rental housing, contribute to lowering prices in a highly stressed market and establish a new administrative standard”.

These houses are distributed in 11 districts of the capital. Arganzuela (three parcels), Retiro (two), Moncloa-Aravaca (one), Fuencarral-El Pardo (three), Latina (one), Carabanchel (three), Usera (two), Ciudad Lineal (two), Hortaleza (three ), Villaverde (four) and San Blas-Canillejas (one plot).

The surface right is for 45 years and, at the end of that period, the buildings will become part of the public housing stock of the Consistory. Thus, homes of different types will be built (with 1,2,3 or more bedrooms), to guarantee the development of balanced developments that favor diversity in tenant profiles.

In addition, a maximum rental income will be established that will always be lower than the average market prices of each location. These maximum rents range from 562 euros per month for rent for Villaverde plots for 76-square-meter homes to 1,159 euros for Fuencarral plots for 104-square-meter homes.

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