What is a housing cooperative?

In a housing cooperative, the future residents come together to build their homes at cost price. There is no developer in between taking a profit margin: the members, supported by a professional manager (the «gestora»), promote the project themselves.

How you save (~20%)

Because you pay the real cost of building your home rather than a market price with a developer's margin, the estimated saving is around 20% compared with an equivalent home bought from a developer.

Tax advantages

The cooperative model carries specific tax advantages on the amounts you contribute. Each promotion states its applicable conditions.

Your money is protected

Spanish law (Ley 38/1999 on Building Regulations, LOE) protects buyers of new homes. In our promotions this means:

• Bank guarantee — the amounts you pay on account are guaranteed by a bank until the home is delivered.
• Ten-year insurance (seguro decenal) — covers structural damage for ten years after completion.

Registry of applicants (RDV)

Joining a cooperative goes through a registry of housing applicants (RDV), which brings order and transparency to how homes are assigned.

The role of the manager

A professional manager (such as Tau) coordinates the project: land, licences, construction and administration — so members can focus on their home.