Santiago de Compostela: Housing Tension Zone Bid
- The Santiago de compostela City Council is set to request that the Galician capital be declared an area of residential market tension.
- Iago Lestegás, the Councilor for Urban Planning, emphasized that access to housing is a major challenge and a primary concern for residents.
- Lestegás stated Thursday that the declaration would help contain rental price increases and enable the City Council to access specific state funds for housing policies.the city aims to...
The Santiago de compostela City council moves to declare the Galician capital a residential market tension zone, aiming to curb soaring rental prices. This strategic initiative, detailed in a new report, seeks to unlock vital state funds for bolstering housing policies and tackling the city’s escalating housing crisis. Councilor Iago lestegás highlights the core goal: making housing accessible to all residents, an undeniable priority. The declaration, if approved, promises significant changes to the local housing market, empowering the council to introduce much-needed affordable options. News Directory 3 keeps you informed on this and other critical local developments. Anticipate a Xunta decision in the coming weeks. Discover what’s next for Santiago’s housing landscape.
Santiago de Compostela Seeks Housing Market Tension Declaration
Updated May 26, 2025
The Santiago de compostela City Council is set to request that the Galician capital be declared an area of residential market tension. The Local Government Board will review the proposal Monday before forwarding it to the Xunta, the regional management responsible for granting the authorization.
Iago Lestegás, the Councilor for Urban Planning, emphasized that access to housing is a major challenge and a primary concern for residents. He added that the City council considers addressing the housing crisis a priority.
Lestegás stated Thursday that the declaration would help contain rental price increases and enable the City Council to access specific state funds for housing policies.the city aims to address the housing crisis and provide more affordable options.
What’s next
The Xunta will now consider Santiago de Compostela’s application.A decision is expected in the coming weeks, which coudl considerably impact the city’s housing market and access to state funding.