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. 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.
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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