Promotion boosts public housing in an affordable rental regime with the "20,000 Plan"


The acting Minister of Public Works, José Luis Ábalos, has inaugurated the International Real Estate Exhibition of Madrid (SIMA 2019) where he visited the Sepes stand. The Public Business Entity of Suelo has presented the first promotions that it is carrying out within the framework of the "20,000 Plan".

The Ministry of Development promotes the "20,000 Plan" to alleviate and correct the imbalances of the rental market in certain areas of the national territory, in which the difficulty for access to housing in this regime is growing due to the shortage of supply and, consequently, due to the increase in prices.

Ministry of developmentThe aim is to increase the rental housing market at affordable prices for units of coexistence with limited income in those areas in which this market is particularly stressed, specifically: Madrid and its metropolitan area, Barcelona and its metropolitan area, Valencia and its metropolitan area, Canary Islands, Balearic Islands, Malaga, Seville and Ceuta and Melilla.

The "20,000 Plan" financed by the Ministry of Development will be managed by Sepes with the collaboration of the Autonomous Communities and City Councils.
Thanks to this Plan, which encourages public-private participation, tenders for surface rights (on land that is always publicly owned) will be held so that public or private companies can access the construction of the houses and the exploitation of said land. surface right for a broad period of 20, 40 or more years.

The first actions of the "20,000 Plan" will be carried out on Sepes soil:

  • Ibiza; Ca n'Escandell (up to 532 homes).
  • Valencia; Engineers' Quarter (up to 370 homes) and Artillery Park (up to 600 homes).
  • Seville; Artillery Regiment (up to 948 homes).
  • Malaga; Buenavista residential (up to 1,362 homes).
  • Madrid; Camp (up to 1,800 homes).
  • Ceuta; Loma Colmenar (90 sheltered homes).
  • Melilla; Cuesta de la Viña (21 sheltered homes).

Sepes

With 60 years of experience, Sepes is consolidated as the first operator of public land. It has 42 million gross m² and 16 million m² net area.



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