Jump to content

How much authority do landlords have to increase the rent? What is the yearly percentage increase?


Jenni
 Share

Recommended Posts

Usually, if the contract is a long-term contract you can increase the rental payment based on the IPC - Consumer Price Index in English. Depending on the year - the % may vary, so it is worth to check before communicating the increase. Bear in mind, that because of COVID and the difficult economic situation the Spanish government has established the increase limit - up to 2% per year... that is valid till the end of 2023. 

 

Do not forget, that you need to communicate the change at least 30 Dias in advance.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share

×
×
  • Create New...