The Madrid Municipal Housing and Land Company (EMVS) will build fifty public homes in the Barajas district in two blocks "with industrialized wood systems", which will be delivered on an affordable rental basis.
The works on the Iberia Loreto 1 development, with 52 homes, are expected to begin in a couple of months and finish in the last quarter of 2025, the City Council reported yesterday in a press release.
They will be "sustainable, efficient and top quality" properties, says the City Council, adding that wood construction has great environmental advantages, since it reduces carbon dioxide emissions and noise pollution.
"Thanks to industrialized construction, deadlines are reduced by 40%, without increasing costs, thus ensuring that the homes are finished in the last quarter of 2025," says the City Council. Homes of this type have already been built in other European cities, such as Eindhover or Berlin.
According to the Madrid council, the rental price of these two, three and four-bedroom homes, with a garage and storage room, will never exceed 30% of the family unit's income.
Iberia Loreto 1 is "a reflection of the Madrid City Council's commitment to sustainability and avant-garde, since this system helps mitigate the effects of climate change, promoting environmental, sustainability and comfort aspects, in accordance with European, state, of the region and municipal", says the City Council in its note.
“In addition to its numerous environmental advantages, this type of building allows us to increase the supply of public housing, since its construction is faster, without increasing costs,” highlights the Housing Policies delegate and president of EMVS of Madrid. , Álvaro González.
The Iberia Loreto 1 project has a municipal investment of 9.7 million euros, and 52 homes with two, three and four bedrooms will be built, with parking spaces and storage rooms.
The housing typology establishes a clear separation between the day-night areas, with toilets and bathrooms located towards the center of the block. In this way, the entire façade is allocated to the living rooms, kitchens and bedrooms, optimizing natural light throughout the home.
