Overview
- The Ayuntamiento announced on Tuesday that it will tender ten municipal parcels in Vicálvaro to build 1,017 homes under a rent‑with‑option‑to‑buy model that must still be approved by the Junta de Gobierno.
- Under the scheme a typical 90 m² flat is set at €949.50 per month and tenants may buy after seven years at €3,600 per m² with rents paid during that period credited toward the purchase price.
- The land is split into four lots across Los Berrocales and Los Ahijones covering 70,410 m² of-buildable area and is valued at €82,061,597 for the tender process.
- Award criteria give up to 10 points for economic offers and up to 20 for technical proposals that must meet passive‑consumption, envelope protection, energy savings, emissions reduction and sustainable management standards.
- Half the homes are reserved for people under 35 and the city says construction could begin in 2027 with deliveries about 18 months after start, a timeline that depends on the outcome of procurement and approvals and has drawn criticism over public land sales and long‑term public control.