The highly anticipated expansion of Madrid’s Metro Line 3, which will run from Villaverde Alto to El Casar in Getafe, is set to be completed by March and opened sometime in 2024, although no specific date has been confirmed by the Ministry of Housing, Transport and Infrastructure.
In addition to this project, there are plans for construction work to further expand the city’s Metro lines throughout 2024. Line 11 will see work on a tunnel between Plaza Ellíptica and Conde de Casal, with the central section of the line expected to run from Valdebebas in the north down to Cuatro Vientos in the south. There are also plans to begin work on Metro Line 5, allowing for seamless travel from Carabanchel to Barajas Airport.
The new Valdebebas interchange is also scheduled to open in the first half of 2024, in anticipation of the new Ciudad de Justicia area. The interchange is expected to be the travel infrastructure backbone for the area, catering to an estimated 30,000 people passing through on a daily basis once the judicial headquarters are open.
In terms of environmental initiatives, Madrid’s low emissions zone will see a new phase introduced in 2024, further limiting the circulation of certain types of vehicles in the city center. This mainly affects older, large vehicles and off-road vehicles not registered in Madrid, with fines of €200 for violations.
Madrid’s regional government will also reduce enrollment fees for students from Spanish-speaking countries at its universities, aligning their fees with those of EU or Spanish citizens. Additionally, the region is set to see the construction of thousands of new homes in 2024, with a focus on expanding public housing stock and providing affordable options.
There are plans to open 17 new schools across the region, and tax cuts in the form of reduced Personal Income Tax and Property Tax rates have been introduced. However, there have also been increases in taxi fares, with the biggest change affecting journeys to and from Barajas airport, where the price has risen by 10 percent.
Overall, 2024 is a year of significant changes and developments in Madrid, with improvements to transportation infrastructure, housing, education, and adjustments to taxes and fares.