Overview
- The government presented Casa 47 as the new national landlord for central-state residential assets, with formal approval slated for the next Council of Ministers meeting.
- Leases start at 14 years and can be renewed in seven-year increments following 14-year reviews, with a maximum duration of up to 75 years if eligibility is maintained.
- Rents are capped so households pay no more than 30% of income or a territory benchmark, with allocation targeting incomes between 2 and 7.5 times IPREM (about €16,800–€63,000), which the ministry estimates covers roughly 60% of households.
- The initial portfolio aggregates around 40,000 homes and 2,400 plots from Sareb and other ministries, with capacity for about 55,000 additional homes on transferred land.
- An online portal will publish available properties and application criteria, while an immediate €100 million public purchase program seeks to add units as early critiques question whether supply will meet demand.