ALAS Affordable Housing
ALAS is the first Sustainable ‘Affordable Build-to-Rent’ Permanent Capital Vehicle (PCV) with Integrated Social Impact Reporting in Spain.
Purpose and impact
We are the first affordable housing provision and management platform in Spain.
We extend affordable and social housing provision and tenure systems, creating a scalable and sustainable model that preserves housing stock.
We work closely with the public administration on sustainable and accessible housing projects, while supporting employment, education and social services policies.
Our approach strives to redress housing payments with other basic needs, support vulnerable groups, improve quality of life, while fostering saving, training and financial independence.
ALAS Communities
We create multicultural and inclusive communities and foster sustainability in each and every one of our projects.
News
Jorge Rodrigo, Regional Minister for Housing, Transport and Infrastructure for the Community of Madrid, visits the Residencial Fresno in Humanes de Madrid
On 24 February, we were visited by Jorge Rodrigo Dominguez, Regional Minister for Housing, Transport and Infrastructure for the Community of Madrid, at our Residencial Fresno development: 50 rental homes under the Basic Public Housing Scheme (VPPB) in Humanes de...
ALAS takes part in the Critical Architecture Sessions organised by the Official Association of Architects of Madrid (COAM)
On the 17th, we took part in the second session of the ‘Critical Architecture Sessions’ series organised by the Official Association of Architects of Madrid (COAM), an essential forum for reflecting on one of the major structural challenges facing our country:...
ALAS Vivienda Asequible will develop more than 1,600 affordable rental homes over the next three years, providing housing solutions for more than 4,000 people.
ALAS Vivienda Asequible, the first real estate company in Spain to hold SBIC (Social Benefit and Common Interest Company) status, will develop and begin operating 1,602 homes between 2026 and 2028, across 20 buildings under an affordable rental scheme. This will...




