Post by account_disabled on Jan 18, 2024 9:32:43 GMT
The new Housing Law was recently announced , which had been on standby for a few months and will affect a large part of Spanish society. Two new terms are introduced and a series of conditions are agreed that have generated a lot of uncertainty for every real state investor .
The two new terms are, on the one hand, the so-called “ stressed areas ” co Whatsapp Number List me into play with this Law. It is understood that they are any area whose average rent/mortgage plus supply costs exceeds 30% of the average income of the area. or that the price of housing or rent has increased during the previous five years by three percentage points more than the CPI.
On the other hand, the term “ large owner ” is updated , being considered as such from the fifth home owned , while previously it was from the tenth.
On the other hand, the law has two basic pillars . The annual update of the rent will be limited, no longer being able to index it to the CPI and introducing a new index created by the INE, which although it does not exist, it is already known that it will always be lower than the CPI.
This measure translates into a loss in real terms of the owner's income , which will be cumulative year after year, since the difference between both indices will be increasing.
In addition , the price per rental will be regulated in areas under stress for new rentals . The new ceiling at which the landlord can charge rent to the new tenant will be a maximum of the previous tenant's rent plus the new rate increase.
The two new terms are, on the one hand, the so-called “ stressed areas ” co Whatsapp Number List me into play with this Law. It is understood that they are any area whose average rent/mortgage plus supply costs exceeds 30% of the average income of the area. or that the price of housing or rent has increased during the previous five years by three percentage points more than the CPI.
On the other hand, the term “ large owner ” is updated , being considered as such from the fifth home owned , while previously it was from the tenth.
On the other hand, the law has two basic pillars . The annual update of the rent will be limited, no longer being able to index it to the CPI and introducing a new index created by the INE, which although it does not exist, it is already known that it will always be lower than the CPI.
This measure translates into a loss in real terms of the owner's income , which will be cumulative year after year, since the difference between both indices will be increasing.
In addition , the price per rental will be regulated in areas under stress for new rentals . The new ceiling at which the landlord can charge rent to the new tenant will be a maximum of the previous tenant's rent plus the new rate increase.