Nomad: housing & costs · Canarias · 10.11, 13:01
Canary Islands government develops Housing Plan for 2026-2030
The Canary Islands government is preparing a new housing plan with extra support for young people. Consultations on the project start on 16 November.
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The new plan includes increased help with rent payments and first-time home purchases. The government plans to reserve 20% of public housing investments for young people. It will also promote cooperatives and properties with shared areas.
The Mi Primera Vivienda (Hipoteca Joven) programme will facilitate property financing up to 250 000 euro for people under 40 years of age and families with children. CaixaBank will be the first bank to implement the financial agreement. This agreement allows for financing up to 95% of the purchase value.
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