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Public Insurance to Protect Landlords From Tenants Default Seeks to Unlock 25,000 Flats in Euskadi

Summary by El Correo
The Basque Government presents Alokaplus, which also covers damage to housing

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The Basque Government presents Alokaplus, which also covers damage to housing

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The Basque Government will pay the owners the rent, supplies or damage debts and then claim these defaults to the tenants. According to Housing and Urban Agenda Councillor Denis Itxaso, the objective of the program is to “unblock up to 25,000 empty housing units in stressed municipalities”.

·Madrid, Spain
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The Basque Government has approved in the Governing Council the Alokaplus programme, a public and free insurance against defaults and damage aimed at providing guarantees to owners who rent their homes in municipalities of Euskadi declared stressed areas.

The Basque Government has approved in the Governing Council the Alokaplus programme, a public and free insurance against defaults and damage aimed at providing guarantees to owners who rent their homes in municipalities of Euskadi declared stressed areas.

The government of Lakua will launch in November the public insurance for the protection of non-payments to homeowners, which seeks to unblock...

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El Correo broke the news on Tuesday, October 13, 2026.
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