The development of 28 protected homes on Reyes Católicos street, driven by the Canary Islands Housing Institute, has surpassed the first year of construction with an investment of 4.5 million euros.
The director of the Canary Islands Housing Institute (ICAVI), Pino de León, has verified on-site that the work to build 28 protected homes on Reyes Católicos street, in Las Palmas de Gran Canaria, has entered a decisive phase. A year after laying the first stone, the structure of the building is already visible, and the expectation is that the deadlines will be met without setbacks.
A development for different family profiles
The building, which is distributed over three floors above ground and a semi-basement, will house 28 homes, 28 parking spaces, and 28 storage rooms. The variety of types is one of the project's strengths: there are apartments ranging from one bedroom to four, including two adapted for people with reduced mobility.
As detailed by De León during the visit, the development includes three one-bedroom homes, five two-bedroom homes, sixteen three-bedroom homes, and two four-bedroom homes. This diversity aims to meet the needs of families of different sizes and requirements, from young people becoming independent to households with several children.
Over €4.5 million investment with European funds
The project has a total budget of 4,504,831.29 euros, of which 3,804,265.74 euros are provided by the Autonomous Community of the Canary Islands and 700,565.55 euros come from European funds. The investment not only covers construction but also the installation of energy efficiency systems.
The building incorporates photovoltaic panels and an aerothermal system for the production of sanitary hot water, as well as construction solutions that improve thermal and acoustic insulation. According to the ICAVI, all this will reduce energy consumption and provide greater comfort to future tenants.
A small contribution to the plan for 4,000 public homes
This development is part of the Canary Islands Government's plan to promote over 4,000 public homes across the archipelago, including ongoing works, drafted projects, and upcoming tenders. For the ICAVI director, increasing the public housing stock is a priority to address the lack of supply in the market.
“Exactly a year ago we laid the first stone, and today we can see that the works are progressing well,” declared De León, who emphasized that public housing must adapt to the reality of demand in the Canary Islands. The 28 homes on Reyes Católicos are just a piece of a much larger puzzle, but for the families waiting for them, they represent a real opportunity to access affordable housing.
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