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[POLITICS] · Spain · 103 sources (showing 100)

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Spain approves new housing decrees and 10 billion euro loan program

The Spanish government, led by Prime Minister Pedro Sánchez, has approved two new royal decrees aimed at addressing the national housing crisis. These measures follow a previous rejection by the Congress and come shortly after the announcement of early general elections scheduled for November 29.

The first decree focuses on tenant protection and includes a reinforced suspension of evictions for vulnerable individuals until December 31, 2030, specifically targeting entities that engage in large-scale property or mortgage portfolio acquisitions. It also introduces regulations for seasonal and room-based rentals to prevent misuse of these contract types. Additionally, the package includes a 10 billion euro financing line managed by the ICO, offering interest-free loans of up to 50,000 euros to assist first-time homebuyers with down payments.

The second decree, which addresses the automatic extension of rental contracts, requires validation by the Diputación Permanente of the Congress. The PNV party has indicated it will support the eviction protection and rental extension measures but opposes the automatic renewal provisions. Other measures include tax incentives for small landlords, increased guarantees for industrialized housing construction, and new regulations for tourist apartments.

Entities

Congreso de los Diputados · Congress of Deputies · Diputación Permanente · Government of Spain · ICO · Instituto de Crédito Oficial · Isabel Díaz Ayuso · PNV · Pedro Sánchez · Spanish Government

Claims

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Sources

Sánchez pisotea al Congreso [www.atlantico.net]