Social housing (known as vivienda de protección oficial or VPO in Spain) is aimed at facilitating access to housing for people with financial need. Regulated by public authorities, these properties usually have a lower price, both for sale and rent.
To qualify for a VPO, you must not exceed a maximum income level (set by each regional government or comunidad autónoma), you must reside in the community, and meet other social and economic requirements. Access is typically granted through invitations or lotteries organised by the administration.
Social housing also comes with certain restrictions: it must be used as a primary residence and, generally, cannot be sold or rented out for a minimum period of 10 years.
A developerA promotora or developer is a company or individual that builds residential or commercial buildings with the aim of selling or renting them out. The developer manages the entire process—from purchasin... More offering VPO can benefit from tax advantages or public subsidies, access to land at reduced prices, and guaranteed demand. However, they must also comply with the conditions and limitations set by the authorities, such as reduced prices and minimum periods for sale or rental.
