Spain

Neinor Homes delivers 135 VPO units in Vitoria-Gasteiz following €30M investment

Neinor Homes delivers 135 VPO units in Vitoria-Gasteiz following €30M investment

Neinor Homes has completed the delivery of Zabalgana Homes, a residential complex of 135 social housing units located in the Zabalgana neighbourhood, in the western part of Vitoria-Gasteiz. The developer has invested €30 million in this project.

The complex consists of two towers of 13 and 14 floors, housing 87 two-bedroom and 48 three-bedroom homes, as well as 152 garages and 135 storage rooms. This development represents 14% of the average number of publicly subsidised homes delivered in the Basque Country over the last five years. The complex incorporates sustainable technologies such as aerothermal energy.

The delivery of this new development is part of Neinor Homes' strategy to promote access to affordable housing throughout Spain. The company has strengthened its activity in the social housing segment, with 816 social housing units in various stages of development and the recent delivery of 177 price-controlled homes (VPT) in Guadalajara in 2024, with an average price of €138,000.

The developer is also participating in the Habitatge Metròpolis Barcelona (HMB) project, a public-private initiative with the Barcelona Metropolitan Area, Barcelona City Council and Cevasa to develop more than 4,500 homes in the Catalan capital.

Following the delivery of Zabalgana Homes in Vitoria-Gasteiz, Neinor Homes continues its commitment to new-build housing in northern Spain with the completion of the first phase of Zorrozaurre Homes in Bilbao, a complex of 80 homes located at the southern tip of the island of Zorrozaurre.

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