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What Is The IRAV The Rental Price Index and How Does It Work - What Is The IRAV, The Rental Price Index, and How Does It Work?

In January 2025, rents will be able to rise by 2.2%. The first rental price update index (IRAV) establishes this percentage. It's one of the premises of the Housing Law that aimed, among others, to regulate rental contracts. The goal is to avoid disproportionate increases in rents.

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Cap on Rent Hikes in 2022 Only 2 Increase Possible - Cap on Rent Hikes in 2022: Only 2% Increase Possible

Recently, the Spanish government approved a shock plan in response to the impact of the war in Ukraine and the increasing inflation. This plan included a significant measure: it limits the rents increase. It is a measure, however, of an extraordinary and temporary nature.

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