Spain approves automatic five-year rental renewals
- A new royal decree mandates automatic rental extensions and introduces a 12-month rent indemnity for non-renewal of housing contracts.
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Spain approves automatic five-year rental renewals · Government approves new housing crisis decree · Spanish used home prices surge by 12.9% in 2026
Government approves new housing crisis decree
- Ministers have passed measures including rental contract extensions, tax deductions, and 0% interest loans to tackle housing access issues.
Spanish used home prices surge by 12.9% in 2026
- Used housing costs in Spain outpace new builds as a 750,000-unit supply deficit drives significant price growth across the property market.
Spanish home sales drop 5.1% in July 2026
- Spain recorded 61,417 property transactions in July as rising interest rates cooled the market, marking a 5.1% year-on-year decline.