Lagoom Living, in collaboration with the Malaga City Council, has introduced a new concept for protected housing that aims to assist residents with limited income. This initiative involves the construction of 62 rental units located near the university campus in Teatinos, which come with amenities such as parking, storage, and a communal pool. Applicants must have lived in Malaga for at least a year and should not own any property or have a partner. Individual applicants can earn up to 4,400 euros gross monthly, while couples can combine their incomes to reach nearly 6,000 euros.

The launch of this housing program is seen as a response to increasing housing demands in the area, particularly for those in the low to middle-income bracket. The criteria outlined in the promotional information published in the Official Province Bulletin (BOP) suggest that the initiative is designed to address a segment of the population that often struggles to secure affordable housing in urban centers due to rising costs. The properties are intended to be rented, making it a more accessible option for singles and couples who meet the necessary income thresholds.

As the application process is open on a first-come, first-served basis, there is likely to be significant interest in these units. The demand for affordable housing in Spain has been a pressing issue, particularly in cities like Malaga, where real estate prices have surged in recent years. This new housing development could serve as a model for similar initiatives across the country, showcasing how local governments and private enterprises can collaborate to meet housing needs effectively.