Securing a home at an affordable price is a significant challenge for many families in Spain, particularly in regions like the Canary Islands. The Casa 47 program provides an alternative for those seeking stable, long-term rental agreements with limited rent.
The national platform allows users to view open applications, understand the conditions and features of available properties, and submit applications online. Initially, the program offers 800 properties across Spain, with plans to add 1,500 more.
Eligibility Criteria
- Applicants must meet specific income requirements, with household earnings between 2 and 7.5 times the IPREM, approximately 1,200 to 4,500 euros monthly.
- At least one family member must be an adult or legally emancipated minor, holding Spanish nationality or legal residency.
- Generally, applicants should not own another property, though exceptions exist for non-habitable homes, inaccessible properties for those with mobility issues, or homes assigned to an ex-spouse by court order.
- Applicants must be up-to-date with tax and social security obligations.
Rental Conditions
Casa 47 ensures rent does not exceed 30% of household income, considering the economic situation and local conditions. In areas without a declared tense market, prices should align with local standards.
The program offers more stable rental contracts than conventional leases, with initial terms up to 14 years and automatic seven-year renewals, contingent on continued eligibility.
Interested parties should visit the Casa 47 portal to view open calls and submit applications online, providing personal, household, and financial information.
