According to data from the Conselleria d’Habitatge, based on the 68 contracts formalized so far, tenants who have taken a home through the regional Lloguer Segur program pay an average of 959.25 euros per month for three-bedroom apartments.
These homes are distributed in 20 municipalities of the Balearic Islands, although most of them are concentrated in Palma, where 39 of the rented apartments are located. The average surface area of the properties is 99.61 square meters, a typology that the Government considers adequate to offer rents below the usual prices of the free market.
The cost assumed by the Administration is higher than that paid by tenants. The average price paid to owners is 1,370.39 euros per month, a difference that the Govern justifies as an incentive to attract housing to the rental market with public guarantees, according to Menorca.info.
The Conselleria d’Habitatge recognizes that the deployment of the program is still limited and much lower than the initial forecasts, although they defend its effectiveness in incorporating apartments at reasonable prices and with the added security of administrative supervision. The plan seeks to give confidence to reluctant owners for fear of non-payment or deterioration of the properties.
The conseller d’Habitatge, José Luis Mateo, argues that the Lloguer Segur is an immediate solution while structural housing policies are developed. In this sense, he recalls that the Government plans to build 700 public housing units next year, which will be managed by Ibavi for affordable rent.
