Spain's housing ministry has presented its rental price limitation index, which is a guide to capping rents in so-called stressed areas. Under the 2022 housing law, these stressed areas are those where the cost to rent or of a mortgage exceeds 30% of the average income of families. Rents are controlled for up to three years but can be extended depending on conditions.
Real-estate sector slams Spanish government's rent cap system
An index has been produced for prices in so-called stressed areas
Also in News
- Emergency declared on Ryanair flight bound for Palma from Dublin
- British tourists will be “tracked” while on holiday in Mallorca
- Mallorca ambassador Sir Bradley Wiggins has “lost” his Mallorca home
- Mallorca restaurants losing clients, tourists tighten their belts
- Mallorca hotelier - "I wouldn't go to a place where I perceived there to be animosity towards tourists"
No comments
To be able to write a comment, you have to be registered and logged in
Currently there are no comments.