Rental agreements in Spain in 2023

Spanish rental contract template 2023

When it comes to Spanish long term rental contracts and Spanish rental contract law, what is reflected in the standard tenancy agreement is very important for legal purposes and can mean the difference between a successful tenancy and a problematic business.
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Barcelona loses half of its rental stock since 2019

The rental stock in Barcelona has plummeted by more than 50% during this term of office, which, together with the growing rental demand, has caused the average price to reach €18.6 per square metre per month, reaching the all-time high of January 2023, according to data from idealista, after increas
Spain's new Housing Law comes into force

Spain's new Housing Law enters into force

Spain's controversial new "Law on the Right to Housing", more often known as Spain's new Housing Law, came into force on 26th May 2023 following its publication on 24th May in the Official State Gazette (BOE).
Intervening in the Spanish real estate market produces "distortions"

Intervening in the Spanish real estate market produces "distortions"

The CEO of Bankinter, María Dolores Dancausa, has stated that she is against market intervention in general, "whether real estate or any other type", as, in her opinion, "it produces distortions", such as the measure to limit the price of rent included in Spain's Housing Law. For Dancausa, int
Moving to Spain checklist

Moving to Spain? Basic checklist

On moving to Spain, you should tick the below basic checklist to avoid you any future problems. 1. Residency or visa permit. Most people don’t realise that living in Spain for over 90 consecutive days entails you apply for a permit.
25 most affordable towns to rent a property in Spain

25 most affordable towns to rent a property in Spain

The most affordable town in Spain for renting a property is in the province of Jaen. More specifically, Baeza is the town with the most affordable square metre, as landlords ask for an average of €4.30/m2 per month, according to a study by idealista, the real estate marketplace in southern
Congreso de los Diputados

Spanish Congress rejects Balearic rent cap proposal

The Plenary Session of the Spanish Congress has rejected the bill presented by the Parliament of the Balearic Islands, which modifies Spanish Law 29/1994, of 24 November on Urban Leases, and did not go ahead due to 71 votes in favour, 270 against and four abstentions.
Rental effort in Spain

41% of tenants in Spain spend more than 40% of their income on rent

In Spain, 40.9% of tenants are financially overexposed to rental costs, meaning that they spend more than 40% of their income on paying rent, according to Eurostat's 2021 data, included in the 2022 Housing and Land Observatory, prepared by the Ministry of Transport, Mobility and the Urban Agenda (Mi
The Spanish rental market in 2023

Rental prices in Spain will rise by 6% in 2023

With the start of 2023, many real estate market agents agree that a change of cycle has begun in the market that is linked to the macroeconomic situation caused by the war, inflation and the rising cost of living and financing.