Spain extends rental contracts until 2029, benefiting millions of tenants across regions

Spain's government has issued a housing decree that prolongs existing rental contracts that would otherwise expire before 2029, offering certainty to tenants with leases valid until the end of 2028. The Ministry of Consumption estimates that the measure will impact a substantial portion of the rental sector, though exact figures for Euskadi and Navarra are not reflected in the national household panel due to their distinct fiscal systems.

Madrid leads with the greatest number of eligible contracts, with Catalonia, the Valencian Community, and Andalusia also seeing large beneficiary groups. The decree also includes measures such as automatic contract renewals of five to seven years, rent caps for properties below the median price, and tax deductions for low-income renters. These steps were introduced amid strong tenant activism and high-profile eviction cases, aiming to curb evictions and limit rent hikes.