The Government approves a Decree Law to Extend Price Regulation for Temporary and Room Rentals
In an unprecedented move, the Government has given the green light to a Decree Law that seeks to strengthen price regulation in the rental market, especially focused on temporary and room rentals. This measure, which has been enthusiastically received by various sectors of society, has as its main objective to guarantee stability and accessibility in the rental market, providing greater protection to both lessors and lessees.
What does this new regulation imply? First, the Decree-Law establishes maximum limits on rental prices for properties intended for temporary uses, such as vacation or short-term rentals. This measure seeks to prevent speculation and abusive price increases, ensuring that temporary rents are fair and affordable for all.
In addition, the Decree Law also introduces new provisions to regulate room rentals, especially relevant in the context of shared housing or single room rentals. The purpose of this measure is to ensure that the prices of these rents are proportional and fair, avoiding situations of exploitation or abuse by landlords.
This government initiative reflects its commitment to protecting citizens’ rights and promoting a fair and equitable rental market. By providing greater regulation in rental prices, it is expected to foster stability and security in the sector, benefiting both landlords and tenants.
In summary, the approval of the Decree Law to extend price regulation in temporary and room rentals marks an important milestone on the road to a fairer and more accessible rental market for all. With these measures, the Government demonstrates its commitment to protecting citizens’ rights and its determination to address the challenges of the rental market in an effective and responsible manner.
The regional government has approved a new regulation that extends price supervision to temporary rentals and room rentals. The main provisions include substantial fines for non-compliance, ranging from €3,000 to €900,000, depending on the seriousness of the violation.
It also establishes the obligation to provide transparency in the contracts, requiring all of them to justify the reason for the temporary nature of the lease to the Catalan Land Institute (INCASOL). If this condition is not met, the dwelling will be considered to be permanent. This regulation also covers rentals aimed at students or people moving to the city for work purposes.
Another important measure is the restriction on room rentals, where the total sum of room rents may not exceed the maximum rent that would apply if the entire dwelling were rented.
To incentivize long-term renting, tax benefits will be implemented that can reach up to 60% in the income tax return. This is intended to promote stability in the rental market and foster lasting agreements between landlords and tenants.
Stay tuned to Inmo Empire for more information on how this new regulation will impact the rental market!
