Given the growing difficulty for many to become home owners, especially in areas saturated by tourism, the Balearic Housing Institute (IBAVI) is promoting the construction of 53 public housing units and 35 special-purpose housing units for rent. The developments are located in five municipalities in Mallorca and Menorca and will be built using energy efficiency criteria.
Development of 53 subsidised social housing units and 35 institutional rental units in Majorca and Menorca
Mallorca, Minorca
Govern de les Illes Balears
Institut Balear de l'Habitatge (IBAVI)
ITS2023-044
20.135.097 €
13.151.862 €
838.304 €
2023
Started
Social welfare
Executed: 6.37%
04.03.2025
The pressure on the property market in the Balearic Islands has caused purchase and rental prices to skyrocket, placing the region among the most unaffordable in Spain. In this context, the construction of public housing has become a structural necessity. To this end, a series of new developments have been planned in Sa Pobla, Sencelles, Peguera, Sant Lluís and Alaior.
In total, 53 social housing units and 35 special-purpose housing units will be built, all of which will be rented out. The IBAVI will take care of managing the housing units, with each development addressing specific local needs. For example, in Sencelles and Calvià priority will be given to young residents, while in Alaior preference will be given to vulnerable groups.
All buildings will comply with the sustainability criteria required by Balearic and European legislation: low environmental impact materials, almost zero energy consumption and passive ventilation and lighting systems. Construction will be carried out on land provided by the local councils, which has made it possible to reduce costs and strengthen institutional collaboration.
The developments will also help boost local economic activity in the construction sector and reinforce the public housing stock, which is currently not big enough to meet the ever-growing demand.
New-build project for a building providing 42 subsidised housing flats for rent at Calle des Cos 49–51–53 in Son Servera, Mallorca
Mallorca
7.051.392 €
Status: Executed
Development of 57 social housing rental homes, day centre and four social premises, on Carrer Cuba, 7, Es Molinar-Palma, on the island of Mallorca
Mallorca
5.163.434 €
Status: In execution
Development of 24 subsidised flats for rent at Avenida Pere Matutes Noguera, 72, in Ibiza
Ibiza
3.861.443 €
Status: Executed