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Madrid province · report

Public housing works in Madrid province

Public bodies signed €218.9M of housing works here in 2025, and €810.7M since 2017.

Signed in 2025
€218.9M
Per resident, 2025
€31

Public housing works signed in Madrid province

Contract awards for housing construction published on TED by Spanish public buyers, by the year published, before VAT. Complete years only; the data runs to October 8, 2026.

Show the numbers
YearValue signed
2025€218,897,056
2024€181,518,158
2023€151,050,629
2022€27,622,839
2021€137,817,433
2020€16,262,293
2019€20,844,454
2018€14,948,902
2017€41,766,262

Only contracts above the EU thresholds are published on TED, so these are the larger works. A contract is placed in the provinces its place of performance names, split evenly; one that names only Spain counts for Spain alone. The value is the award's total.

Other reports for Madrid province

At the average appraised value, a 90 m² home costs €368,064. With 10% down and a 30-year mortgage, the payment is €1,404 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.

Payment, two incomes
36%
Payment, one income
72%

2.5% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
19,301
Per 1,000 residents
2.7

Buyers living abroad bought 1.4% of the homes sold here in the four quarters to Q2 2026.

Bought by buyers abroad, 12 months
1.4%

Appraised values have fallen by 3% or more 3 times since 1995. The deepest began in Q4 2007.

Deepest fall
−34.1%
Recovery from the low
129 months

In 2024 the population grew by 102,333 while 23,464 homes were finished: 4.4 new residents for every new home.

New residents per new home, 2024
4.4
Population change, 2024
+102,333

6.3% of the 2,956,941 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
6.3%
Empty homes
187,586

In 2025, 6% of the homes authorised were in existing buildings: conversions, extensions and changes of use.

Homes in existing buildings, 2025
6%