Temporary Rentals and Room Rentals: How is the New Housing Law Affecting Them?

Temporary Rentals and Room Rentals: how is the new housing law affecting them? The Generalitat of Catalonia has approved Decree Law 6/2024, of April 24, on urgent measures in housing, which came into force on Friday, April 26 to regulate temporary rentals (11 months or less) and rentals of rooms. A measure that has been urgently approved to prevent rentals that should be long-term rentals, regulated by the new housing law and subject to price restrictions in stressed areas, from becoming room rentals or temporary rentals, which are not governed by these regulations.

Is it the end of Golden Visas in Spain?

Is it the End of Golden Visas in Spain?

Is it the end of Golden Visas in Spain? Introduced in Spain in response to the 2008 financial crisis to attract foreign investment, the golden visa allowed residency via various avenues, notably purchasing real estate valued at over 500,000 euros. Despite its popularity, critics contend that the program has fueled rising property prices in major cities like Madrid and Barcelona. The decision to end the golden visa program, announced by Prime Minister Pedro Sanchez on Monday, aligns with his goal of prioritizing housing as a fundamental right and rectifying market imbalances exacerbated by speculative investments.