One year after its launch, the “Alquiler Seguro” program, designed to capture empty homes from small owners and allocate them to residents at prices 30% below the market, has achieved only three contracts in Ibiza and none in Formentera, according to data provided by the Ministry of Housing. The Government promoted this plan with the expectation of capturing between 2,000 and 3,000 properties in the first phase.
The socialist deputy Pilar Costa has denounced in the Parliament the low incidence of the program, a complaint she made after receiving the official data from the Conselleria, as reported by Radio Ibiza.
The deputy warned that a “reduced” price cannot be close to 2,000 euros per month, which leaves around 1,500 euros for the tenant, a figure she considered incompatible with the objective of affordable housing. According to official data, the three contracts signed in Ibiza are around 2,000 euros per month, all of them at the maximum price allowed, set at 1,470 euros for the tenant, with the rest assumed by the Autonomous Community.
The map of a minimum advance
Of the three homes formalized in Ibiza, two are located in Vila and one in Sant Josep, according to the information sent to the Parliament. In September La Voz de Ibiza had reported on the first signings of homes on the island under the program.
The program was announced in November 2024 by the president of the Govern, Marga Prohens, with the aim of mobilizing thousands of homes without residential use and offering them to residents with guarantees and limited prices. The Executive set an appraisal ceiling of 2,100 euros in Ibiza and Formentera, and 1,500 euros in Mallorca and Menorca, to guarantee that tenants would pay 1,470 euros in the Pitiusas. According to initial calculations, the program had an annual budget of 12 million euros, although the low participation implies a much lower actual expenditure.
In May, La Voz de Ibiza reported that there were 18 homes in the final stages of processing in Ibiza, but none had resulted in a contract. Subsequently, in September, the Govern assured that new adhesions were being registered and even announced the future incorporation of
Formentera continues without contracts and with limited interest from owners
In spite of being one of the islands where vacant housing was expected to be most attracted, Formentera has not registered any signatures under the program. Sources of the Conselleria had indicated months ago that there was some interest from private owners, but none of these consultations resulted in contracts.
