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1 minute read
NewhousingSpanish law
AT the end of April 2023, Spain’s housing law was updated to solve issues on annual rent increase rates, price limits, and eviction procedures in the country. But what does the new law mean for homeowners?
Annual rental increase rates will now be capped to reduce living costs and lessen the burden on tenants. The new law will cap the rental price increase at 2 per cent in 2023 and 3 per cent in 2024.
There will now be no agency fees for tenants and all estate agency fees must be covered by the landlord/homeowner.
There will be new control mechanisms over vacant properties and if the landlord will not live in or rent their property for a period of two consecutive years, they will receive a fine. If the property remains empty without justifiable reasons for over two years, the penalty will be applicable on the IBI tax amount, which changes between 50 per cent and 100 per cent.
Landlords who own five or more properties in a stressed area will be considered ‘large landlords’. They will be distinguished from regular owners and will have specific measures to comply with as large property owners.
There is now an improved eviction system whereby tenants can only be evicted by a predetermined date and reason. Tenants will now have enough time to find an alternative living place until their eviction date and it is prohibited for the landlord to evict the tenant before this pre-set date.
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AH well, where shall we start this week what about with young Prince Harry? Firstly we can’t of course refer to the ginger whinger as ‘poor’ Harry. He is actually sitting on millions, or the wife is! This henpecked hustler is now using up his precious gift of time by endeavouring to get a whole corporation of journalists prosecuted for handing out publicity which made him feel uncomfortable when he was a teenager.
This, sadly pathetic individual, who has been brought up with no financial or real survival worries whatsoever, has now married a partner whose life has probably been positively riddled with obstacles.
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This mixed race young actress, who, when you examine her friends and nonassociation with her own father, or her attitude toward British royalty, appears to rather dislike anyone bearing Caucasian originality, has now obviously succeeded beyond her wildest dreams. She has reached the staggering achievement of becoming a globally recognised