The Adeje City Council’s plenary session will approve today the initiation of procedures to request the Government of the Canary Islands to designate it as a “stressed residential market area”, as announced by Mayor José Miguel Rodríguez Fraga on March 26.
The motion, which is part of point 8 on the agenda proposed by the socialist group, aims to curb the soaring rental prices in the municipality and the southern region using this mechanism provided for in the new housing legislation.
This measure, which is valid for three years with the possibility of extension and requires approval from the regional Executive, enables the implementation of restrictions to regulate the market and direct public interventions in housing in areas where there is a particular risk to the population due to the housing offer.
In this context, Adeje believes that it meets both criteria outlined in the law (although meeting just one of the two requirements is sufficient): residents spending at least 30% of their income on housing, or property purchase or rental prices having risen more than three points above the Autonomous Community’s CPI in the last five years.
Last week, Rodríguez Fraga described this as a “temporary solution”, highlighting that, in his view, there is no single fix for addressing the housing issue in southern Tenerife, which he characterised as “very severe.”
The councilor from Adeje confirmed that they are developing a “comprehensive and ambitious” strategy that involves the construction of “additional homes, utilising available land, and collaborating with other authorities and organisations to develop housing for the workforce.”
Adeje will be the second municipality in the south to seek designation as a “stressed residential market area” from the Government of the Canary Islands, following approval in a recent plenary session by the Granadilla City Council, aiming to “implement a broad array of measures to tackle the critical housing issue.”
