Spain is set to approve a major €7 billion housing plan this Tuesday aimed at tackling the country’s growing affordability crisis.

The goal is to help more people – especially young buyers – get on the property ladder.

The new programme includes a wide range of measures, from boosting social housing to expanding affordable rentals and supporting first-time buyers.

Up to €15,000 for under-35s

One of the headline measures is a grant of up to €15,000 for people under 35 who buy their first home in towns with fewer than 10,000 residents.

The scheme is designed not only to improve access to housing but also to combat depopulation in rural areas.

In the province of Cadiz, the aid will apply in 24 municipalities – including Olvera, Grazalema, Setenil de las Bodegas and Zahara de la Sierra – offering a potential boost to smaller communities struggling to attract residents.

A response to a growing crisis

Ministers describe the plan as the most ambitious in over a decade, with a budget three times larger than the previous national housing programme.

It comes amid rising concern over spiralling property prices and rental costs, which have made access to housing one of Spain’s biggest social challenges, particularly for younger people and low-income households.

How the plan works

The initiative – known as the 2026–2030 State Housing Plan – will be rolled out under Spain’s current housing law and funded jointly by central and regional governments, with autonomous communities covering around 40% of the cost.

Around 40% of the total budget will go towards building and acquiring new homes, while significant funding is also earmarked for renovation and energy upgrades.

Homeowners could receive up to €20,500 for improving energy efficiency, with additional grants of up to €30,000 for properties in historic areas or protected buildings.

There are also subsidies of up to €13,000 for accessibility improvements, such as adapting homes for elderly or disabled residents.

Rental support and incentives

The plan also targets the rental market, offering support of up to €300 per month for full homes and €200 for room rentals, covering up to 60% of the rent.

In parallel, it includes incentives to expand the supply of social and affordable housing, including grants for refurbishing empty properties that are then rented out for at least five years.

Landlords may also receive compensation if they agree to lease properties to regional authorities for use as affordable housing over a minimum period of seven years.

The plan arrives months later than originally scheduled, after delays pushed its approval back from late last year.

Read more Andalucia news at the Spanish Eye.