Barcelona City Council buys 2 buildings for social renting in the Eixample

Barcelona City Council buys 2 buildings for social renting in the Eixample

Barcelona City Council has acquired two buildings in the green axis of Consell de Cent, in the Eixample district. The municipal investment is around 7.8 million euros and includes the purchase and refurbishment of the properties, a price 27% below the market average. In total there are 24 flats, which will be destined for social and affordable rent.

Specifically, the first acquisition is on Carrer de Villarroel, in the Antiga Esquerra del Eixample. The building has 16 flats, plus an office and commercial premises on the ground floor. At present, all the flats in this building are empty, with the exception of one flat, to which the contract will be subrogated. The purchase price is four million euros, with a further 1.6 million euros required for the refurbishment.

The second building that has been acquired is located in Carrer del Consell de Cent, between Carrer de Viladomat and Carrer del Comte Borrell, in the Nova Esquerra del Eixample. It has eight flats, four of which are empty, and the rest of the flats that are rented will also have their leases subrogated. The purchase price is 1.9 million euros and the refurbishment will cost 322,590 euros.

"With these two properties, there are now seven buildings acquired in the transformation areas, such as the green axes of the Supermanzana Barcelona programme, and this has made it possible to gain 111 homes for the city's public housing stock," says Barcelona City Council.

With the purchases of residential buildings and the construction of new ones, the Eixample district has gone from 47 flats under municipal management in 2015 to the current 427 homes. The figure will rise to 715 flats when the works currently underway are completed.

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