Public housing in Spain

Contact our specialists to learn more about public housing in Spain.

There are many ways to find a roof over your head in Spain. The most common ones are to buy or rent a house or apartment by concluding an appropriate deal with an individual or legal entity. Social housing from the state (in Spanish “Vivienda de Proteccion Oficial”) is a less well-known method, but also quite in demand. Even in spite of the fact that we are talking about the objects of the primary real estate market - that is, apartments with a modern layout in newly built multi-storey buildings - their prices are always significantly lower than market prices. Also, authorized government departments provide buyers of social housing with a guarantee of serious benefits when taking out loans or mortgages.

Who can qualify for VPO? What kind of documents do you need to submit to the commission? How long can it take to complete the transaction? The answers to these kinds of questions depend on the specific autonomous regions and provinces, since financial support for the construction of social housing and its implementation is usually the responsibility of their administrations. But in general, the system works based on a common foundation for all: the distribution of apartments takes place in a queue or a drawing among applicants, and the ownership of this kind of real estate does not provide for the possibility of its resale. One of the definitely positive nuances for foreigners is that in order to become a participant in the program, you do not need to have Spanish citizenship, you just need to be a resident. If you want to know more about the conditions for purchasing social housing, contact Rusol Prime. Based on the rules and regulations in force in the region of your interest, our lawyers will give you advice and practical assistance in the subsequent procedures related to the collection and submission of documents, interaction with the competent authorities and the execution of the transaction.