New housing framework: this is how the residential market looks after the decree comes into force
Before their definitive validation in the Permanent Deputation of Congress on September 16, the extension of rents, the anti-eviction shield or tax incentives are effective as of today.
Two decrees aimed at intervening in Spain's residential market have come into effect, one immediately and the other on November 15. The decrees, approved by the Council of Ministers on Tuesday, were published in the Official Gazette (BOE) on Wednesday. The first decree, which came into effect today, prohibits "vulture funds" from buying homes or mortgage portfolios at a price below their market value until December 31, 2030, and establishes a four-year moratorium on evictions for vulnerable families.
The decrees also introduce measures such as restrictions on temporary rental contracts, limits on rent increases, and a ban on landlords passing on certain costs to tenants.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
