Rent Price Regulation Act – taking local action on prices
In 2020, the City of Barcelona introduced a new rent-setting system based on the concept of a reference rent.
Description
Rents of contracts entered into after 1995 must be lowered if they are above the reference rent level. The new law also covers non-rent service charges but does not cover dwellings built in the last three years, or social housing.
There are fines for non-compliance, ranging from EUR 3,000 to EUR 90,000 depending on the seriousness of the offence. The new law applies to 61 municipalities in Barcelona.[1]
[1] For a practical guide to the Rental Price Regulation Law, see https://habitatge.barcelona/en/noticia/everything-you-need-to-know-about-the-rental-price-regulation-law_1037623.
Actors involved
Agència de l’Habitatge de Catalunya
Scale
Regional
More information
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