Madrid City Council will spend 248.09 million euros on housing in 2027, according to the budget its governing board approved on Thursday, 20minutos Madrid reports. The money goes to expanding the city’s stock of affordable rental flats, grants for renovating older buildings, including new lifts, and 25 works projects in run-down neighbourhoods.
What happened
The Junta de Gobierno (the mayor’s cabinet) approved the 2027 budget of the Ayuntamiento de Madrid (Madrid City Council). According to 20minutos Madrid, the total budget under Mayor José Luis Martínez-Almeida is 6,901 million euros, up 4.9%. Within it, the Área de Políticas de Vivienda (the council’s housing department), led by Álvaro González, gets 248.09 million euros. That is 22.51 million more than in 2026, an increase of about 10%.
Most of the housing money goes to the Empresa Municipal de la Vivienda y Suelo (EMVS Madrid), the city’s public housing company. The council’s contribution rises 13.3% to 150.5 million euros, which gives the EMVS a budget of 199.6 million euros. With that, it plans to move close to 9,000 homes through different stages of tendering or construction in 2027. Of these, 29 developments with almost 5,100 flats will be under construction.
The council is also continuing the Plan Suma Vivienda, a public-private partnership that builds affordable rental homes in two new districts, Los Ahijones and Los Berrocales. The first two phases include 16 developments and about 2,500 homes. The council expects to award the contract for a third phase, of more than 1,400 homes, during 2027. Work should also begin on almost 2,000 flats in Vicálvaro, Barajas, Tetuán and Arganzuela. The EMVS has more than 10,000 homes today and expects to have more than 10,500 by the end of 2027.
What it means for you
These are city council programmes, so they cover the municipality of Madrid only. They are separate from the housing schemes run by the regional government, the Comunidad de Madrid. Here is what the 2027 budget keeps in place, according to 20minutos Madrid:
- Plan Adapta: grants that help people with disabilities or rare diseases live more independently at home. They can pay for adapted bathrooms and kitchens, changes to doors and entrances, ramps and stairlifts, inside a flat or in a building’s shared areas.
- Plan Rehabilita: grants for residential buildings to improve accessibility, upkeep, energy efficiency, health conditions and safety. Eligible work includes installing lifts, repairing roofs and façades, better insulation, renewable energy and removing amianto (asbestos).
- Plan Transforma tu Barrio: similar help with accessibility, energy efficiency, building upkeep and asbestos removal, but only in specific residential areas the council has defined.
These three plans make up the council’s Estrategia Transforma Madrid. If you own a flat, an older building without a lift or with asbestos may qualify. In Spain that decision usually goes through your comunidad de propietarios (the owners’ association of a building).
Under the Plan Regenera Madrid, the council will also improve public spaces in run-down residential areas, especially those built before 1985. The work covers paving, street lighting, street furniture, gardens and trees. In 2027 it plans to start 16 projects and finish nine, investing more than nine million euros in total. The works are spread over 15 districts: Villaverde, Villa de Vallecas, Moratalaz, Usera, Carabanchel, Latina, Hortaleza, Ciudad Lineal, Vicálvaro, San Blas-Canillejas, Puente de Vallecas, Fuencarral-El Pardo, Moncloa-Aravaca, Barajas and Tetuán.
Two free advice services will continue:
- SAVMadrid gives free advice on housing matters, covering legal, court and tax questions. It has five offices, in Usera, Moratalaz, Ciudad Lineal, Chamartín and Centro, open on Monday, Wednesday and Friday mornings. Housing department sources told 20minutos that most questions are about renting and owners’ associations.
- SIREM (Servicio de Información a la Rehabilitación Edificatoria de Madrid, the city’s building renovation information service) is run with the professional associations of architects and of aparejadores (building surveyors and technical architects). It helps people plan the technical work and apply for Plan Rehabilita and Plan Adapta grants.
If you rent and have a problem with your landlord, or you own a flat and your building is discussing renovation work, SAVMadrid and SIREM are the services to contact. The source does not give application deadlines or grant amounts for 2027, so check with the council before you plan any work.
What to watch next
The things to follow in 2027 are the contract award for the third phase of the Plan Suma Vivienda, the start of work on the almost 2,000 flats in Vicálvaro, Barajas, Tetuán and Arganzuela, and the 16 regeneration projects due to begin. By the end of the year, the EMVS also aims to pass 10,500 homes.
Source: 20minutos Madrid
Sources
- 20minutos Madrid: Madrid prevé alcanzar los 10.500 pisos asequibles, 25 obras en barrios degradados e instalar ascensores en edificios antiguos, accessed 6 November 2026
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