The keys to the validated housing decree: how does it affect owners and tenants?

The Spanish government has validated a housing decree that includes a €10 billion plan for first-time homebuyers and various measures affecting landlords and tenants. Key provisions include a ban on evictions until 2030 for properties owned by large companies, restrictions on speculative purchases, and extended lease contracts until 2028 for tenants in good standing. Rent increases are capped, and landlords cannot pass on certain costs to tenants. The decree also introduces tax incentives for low-income tenants and property owners, as well as a special tax on undistributed profits from residential rentals. Additionally, a new loan program for first-time buyers will provide interest-free loans up to €50,000. The decree aims to address housing affordability and protect vulnerable tenants.