Tag #Spanish Rent Control

What is the purpose and implementation of Spain's new rental index, and what immediate impact will it have on renters and landlords?

Spain's National Statistics Institute (INE) and the Ministry of Housing have released a new index to regulate rent increases starting January 1st, 2024, as mandated by the Housing Law. This index will serve as a limit to prevent excessive rent hikes, ensuring increases do not surpass a calculated rate based on inflation and other economic factors.