Spanish government to invest EUR 200 mln in housing

The Spanish Government is to invest EUR 200 mln for the development of 5,668 homes, EFE, Spain's national news agency reported. The area of development spans Asturias, Castilla-La Mancha, Galicia, Madrid, Valencia and Ceuta The buildings will be state-subsidized housing, so-called Viviendas de Protección Oficial. The government makes these houses available at a lower price and assists in buying though a subsidy.

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