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Social housing is designed so that all people with low incomes can buy a flat. But, there may be times when owners want to rent a home of this type to make a profit. Next, we will explain in more detail if you can rent a subsidized apartment.
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What is an official protection floor?
A subsidized housing or also called VPO, is a flat promoted by the public administration. They Chinese Overseas America Number Data are characterized by having a value much lower than the market average.
These homes are only intended for those people who have a low annual income . Thus, they are an advantage that the state gives to these people so that they can acquire an apartment at a better price.
It is true that officially protected apartments also have quite strict legislation. For example, the regulations that regulate them make it impossible for their owners to rent or purchase the VPO from a third party without first having gone through the public administration.
The prices and conditions to be able to access an officially protected apartment are regulated by each community independently.
Recommended reading: Comprehensive rental management: what is it and what does it include?
Can I rent a subsidized apartment?
As we have mentioned previously, one of the clauses involved in purchasing a VPO is that it cannot be rented or sold to a third party. This is because they consider it to be profiting through public aid. However, there is a way with which you can rent a subsidized apartment.
The only way to be able to rent your VPO is to wait for the time that your autonomous community indicates for the apartment to become vacant. This time is usually 10 years and the only thing you will have to do is request the public administration to disqualify your apartment when the required time has passed.
When the floor has been freed, you will have complete freedom to do with it what you need. This way, you can sell it, rent it or rent just one room to share a flat. At that moment you become the complete owner of the apartment , without the state having anything to say.
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