But this lottery meets just one per cent of demand. Only 90,000 new units are built in Spain every year while 120,000 new ...

Madrid, Spain — Lorena Pacheco has hit the jackpot — she won the right in a municipal lottery to rent a two-bedroom apartment and parking spot in one of Madrid’s few social housing estates.

But this lottery meets just one per cent of demand. Only 90,000 new units are built in Spain every year while 120,000 new households are created, according to Idealista figures, leading to a ...

Lorena Pacheco has hit the jackpot -- she won the right in a municipal lottery to rent a two-bedroom apartment and parking spot in one of Madrid's few social housing estates. Like a growing number ...