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Plaza de Cibeles in Madrid under a blue sky with white clouds: the white Palacio de Cibeles, the city hall, with its towers and Spanish flags, the Cibeles fountain in front, and cars and a city bus on the square

Spain

Madrid

Photo: Zarateman, CC0 1.0, Wikimedia Commons

Madrid is building Parque Ventas over the M-30 ring road, is putting more than 700 affordable rent-to-buy homes in Los Berrocales out to tender, is extending regulated parking in Carabanchel and has agreed €51.2 million with the regional government for primary social care in 2027-2030.

Updated · Checked against official sources

  • Population

    3,497,277

    municipal register, 1 January 2026

  • Mayor

    José Luis Martínez-Almeida

  • EU programmes

    5

Latest

  1. Culture ·

    Madrid approves 1.755 million euros in grants for theatres and cinemas

    Madrid's Governing Board has authorised 1,755,000 euros in competitive grants for theatres and cinemas, with 1,210,950 euros for performing arts venues and 544,050 euros for cinemas, covering activities carried out between 1 January and 31 December 2027.

    Facts and source
    • Madrid City Council will award 1,755,000 euros in grants to the city's theatres and cinemas.
    • The money is split into 1,210,950 euros for performing arts venues and 544,050 euros for cinemas.
    • The funded activities must take place between 1 January and 31 December 2027.

    Source: Madrid city hall, “El Ayuntamiento destina más de 1,75 millones de euros a subvenciones para teatros y cines”

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  2. Regeneration and housing ·

    Madrid proposes a 6,901 million euro budget for 2027, with housing up 10%

    Madrid's governing board has initially approved a 2027 budget of 6,901 million euros, 4.9% more than in 2026, with the Housing Policy department up 10% to 248 million euros and EMVS Madrid handling close to 9,000 homes.

    Facts and source
    • The city council's 2027 budget totals 6,901 million euros, 323.3 million more than in 2026, an increase of 4.9%.
    • The Housing Policy department's budget rises by 10%, more than double the average, to 248 million euros.
    • The municipal housing company EMVS Madrid will have nearly 9,000 homes under construction or in tender during 2027.

    Source: Madrid city hall, “El Ayuntamiento de Madrid contará con un presupuesto de 6.901 millones de euros en 2027, un 4,9 % más que este año”

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  3. Inclusion ·

    Madrid starts earlier winter shelter campaign with 472 nightly places for homeless people

    Madrid has opened its 2026-2027 Cold Campaign for homeless people with 472 stable places a day, running for 165 nights from 2 November to 15 April under a new contract worth 3 million euros a year.

    Facts and source
    • The campaign provides 472 stable daily places, coordinated by SAMUR Social.
    • It operates for 165 nights, from 2 November to 15 April.
    • A new management contract with a budget of 3 million euros per year made the longer season possible.

    Source: Madrid city hall, “Comienza la Campaña del Frío 2026-2027, con 472 plazas diarias y una atención social integral”

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  4. Mobility ·

    Madrid's EMT board approves draft 2027 budget including 65 electric buses

    EMT Madrid's board approved a draft 2027 budget of 937.86 million euros plus 167.2 million euros of investment, led by 65 electric buses for 34.3 million euros that will bring the zero-emission fleet to almost 600 vehicles.

    Facts and source
    • EMT Madrid's draft budget for 2027 totals 937.86 million euros, 39.71 million more than the previous year.
    • The largest investment is the purchase of 65 electric buses for 34.3 million euros.
    • With the new vehicles, the EMT fleet will have almost 600 zero-emission buses, close to 30% of the total.

    Source: Madrid city hall, “El presupuesto de EMT Madrid para 2027 superará los 930 millones de euros”

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  5. Inclusion ·

    Madrid and regional government commit €51.2 million to primary social care for 2027-2030

    Madrid City Council and the Community of Madrid will sign a 2027-2030 primary social care agreement worth €51.2 million, with €12.8 million a year for the 40 social services centres, child protection, family support, a Roma plan and mental health.

    Facts and source
    • The new agreement runs from 2027 to 2030 and involves total joint funding of €51.2 million.
    • Annual funding amounts to €12.8 million, with the option of extending the agreement by up to four more years.
    • €9.8 million goes to services at the 40 social services centres and €597,000 to protecting minors from violence.

    Source: Madrid city hall, “Ayuntamiento y Comunidad de Madrid financiarán con 51,2 millones de euros recursos de Atención Social Primaria”

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City briefs are drafted with AI from official sources; every fact is matched automatically against the source text before publication, without an editor approving it first.

Projects we track

5 projects · 1 completed · 1 under way

    1. Planned
    2. Funded
    3. Under way
    4. Completed

    Parque Ventas, a park over the M-30

    A 16,370 m² park built over the M-30 ring road to join the Salamanca and Ciudad Lineal districts, with eight footbridges and one cycle bridge, 960 trees and more than 48,800 shrubs, plus 40,300 m² of remodelled roadside on both banks; works began in late June 2025 and are due to finish in spring 2027.

    Funded by Ayuntamiento de Madrid Regeneration and housing

    Status checked 23 October 2026 · Source

    1. Planned
    2. Funded
    3. Under way
    4. Completed

    Affordable rent-to-buy homes in Los Berrocales

    The city is tendering eight municipal plots in Vicálvaro for more than 700 homes to be let at affordable rents with an option to buy after seven years; at least half of each plot is reserved for tenants under 35, and a typical three-bedroom flat would rent for about €949.50 a month.

    Regeneration and housing

    Status checked 23 October 2026 · Source

    1. Planned
    2. Funded
    3. Under way
    4. Completed

    Regulated parking extended to Opañel and San Isidro (Carabanchel)

    Approved by the city government in October 2026: from 3 November the SER adds 3,161 regulated spaces in Carabanchel, 94% of them for residents, as part of the Madrid 360 environmental sustainability strategy.

    Mobility

    Status checked 23 October 2026 · Source

    1. Planned
    2. Funded
    3. Under way
    4. Completed

    Renovation of the Montalbán public car park

    EMT Madrid has fully renovated the 1968 car park behind the Palacio de Cibeles, with structural repairs and new electrical, lighting and ventilation systems to meet accessibility and energy-efficiency rules; it reopens on 26 October 2026 with 278 spaces, including electric charging points and bicycle parking.

    Budget about €8.2 million excl. VAT Mobility

    Status checked 23 October 2026 · Source

    1. Planned
    2. Funded
    3. Under way
    4. Completed

    Primary social care agreement with the Comunidad de Madrid, 2027-2030

    Authorised by the city government in October 2026, the agreement funds the 40 municipal social services centres, child protection, help for families at risk of poverty, a Roma development plan and mental-health promotion from 1 January 2027.

    Budget €51.2 million (2027-2030) Funded by Ayuntamiento de Madrid; Comunidad de Madrid Inclusion

    Status checked 23 October 2026 · Source

Events held here

EIT Urban Mobility events Madrid Autonomous Mobility Summit (MAMS2026) .

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October 2026

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