El Ministerio comunica a 8.000 personas que deben devolver la ayuda recibida para el alquiler del piso
Aquellas personas que durante 2009 hubieran recibido la ayuda, pero al final del año hubieran ganado más de 22.000 Euros, deberán devolver la ayuda para el alquiler del piso recibida (210 Euros mensuales). El hecho de superar ese nivel anual de ingresos es causa automática para que se pueda exigir la devolución de la ayuda.
Ministry of Housing focuses on Investing in Rental Properties and Restoration
The Spanish Ministry of Housing has announced plans to promote investments in rental properties. The ministry also stated it aims to strengthen the housing rental market.
Savings Banks Look to Rent Flats with Public Assistance
Spanish savings banks plan to rent the many apartment units they have repossessed during the crisis in the real estate market, which has turned them and other financial institutions into serious property owners. Renting, say the banks, could be just the solution for them.
Information on Rental Assistance Improves
The Spanish Ministry of Housing has enhanced how it communicates information on rental assistance, known as the Basic Rental Allowance (RBE, Renta Básica de Emancipación in Spanish). The ministry aims to perfect communication between government and youth who receive the monthly allowance.
Landlords Not Paying Taxes on Rental Properties
An article published in Bloomberg says apartment rentals grew by 18 percent in Spain in 2008, reaching a figure of 2.2 million residential units. However, income declared by property owners only increased by 0.1 percent. How is this possible?
SOCIMI Regulation Approved
Law 11/2009 on the regulation of Societies with Investments in the Property Market (SOCIMI), listed companies dedicated to apartment and other property rentals, was published in the Official Bulletin of the State on October 27, 2009.
Two Rental Delays Warrant Eviction
A number of newspapers have reported a Supreme Court ruling gives relief to property owners with tenants who are late in making rental payment. At CASSANA we believe the judgment will strengthen renting in Spain.
Don't forget to claim the rental deduction
Remember tenants in Spain-representing some 11 percent of families-have 2009 income tax (IRPF) deduction which can be claimed until June 30, 2010.
Does taxation favour rentals with options to buy?
CASSANA has learned that the national government is considering improving taxation on property rentals with options to buy because current taxation is a disincentive.
Assistance from the Valencian Rental Agency
The Generalitat's Valencian Rental Agency ( IVVSA) continues to offer assistance to both property owners and tenants.
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De nuevo llega Septiembre, el mes del año más fuerte respecto al alquiler de pisos
Llega Septiembre, el mes más fuerte del año respecto al alquiler de pisos urbanos. Tras el verano, muchas personas se decidien por el alquiler de un nuevo piso (muchas veces, un cambio en la situación personal o un nuevo trabajo del inquilino motivan el cambio de piso de alquiler en esta temporada del año).
Average Apartment Rental Rises 0.6 Percent in the Region of Valencia
The average cost of rent for an apartment in the Region of Valencia rose 0.6 percent more in May 2010 than in May 2009.
Apartment Rentals Taking Off in the Valencian Community
Apartment rentals are soaring in the Valencian Community. The latest government data shows a clear upward trend in rentals with a total 9 percent of available properties being rented in the Community in 2007 rising to 32 percent in 2009
Crisis in Real Estate Increases Supply and Demand for Rental Units
The crisis in real estate has given a boost to the rental market. Though suspected for a long time, it is now confirmed. The crisis in the real-estate sector has significantly boosted the rental market in the last two years.
Law on Rental Apartment Promotion published in BOE
Law 19/2009, a law that aims to reform a series of laws on the promotion and acceleration of apartment rental procedures, was passed by the government and published in the Official Bulletin of the State on November 24, 2009.
Basic Housing Design and Quality Requirements
On October 7, 2009, the Official Bulletin of the Region of Valencia published a decree approving basic design and quality requirements for rental and housing properties.
The Valencian Consell plans to extend Rental Assistance
According to Levante-EMV, the Valencian Consell plans to extend rental assistance once aid from the national government ends. The assistance could amount to as much as 5,000 subsidies a year and benefit a total 20,000 families.
Assistance for young tenants to vary according to location
According to Levante-EMV, the Valencian Generalitat has begun to give annual economic support to tenants paying down rental fees for single properties
Legal changes to promote renting
The government has sent the Spanish Courts modifications to three laws in order to encourage the rental market and improve the energy efficiency of buildings
63,000 Youth Receiving Rental Assistance
The number of rental units for youth leaving their families for the first time is now 63,166, after an increase of 41.58 percent in the number of recipients receiving rental subsidies in the fourth quarter of 2008.
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