Housing measures decline after Congress rejects Government decree-laws

Congress has also rendered ineffective the extraordinary limitation provided for certain updates of rents until the end of 2027. The regulation prevented applying increases when the rent was above the maximum limit that corresponded according to the reference index system. For the rest of the affected contracts, the owner and tenant could agree on the rent update, but if they did not reach an agreement, the increase was limited to 2% during the period established by the decree. The second decree also modified the duration of contracts once the minimum period established in the Urban Leasing Law had expired, and it introduced limits on temporary rentals and room rentals, as well as tax incentives for landlords and a new scheme for first‑home purchases. The fall of the text has rendered those modifications ineffective, so the contracts have returned to the regime prior to the reform approved by the Council of Ministers.

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