Spain rent cap for newer leases hits record 2.57%

Spain’s cap on annual rent increases for eligible housing leases reaches 2.57% for October, its highest level since the measure began. Spain’s National Statistics Institute (INE) published the figure on Friday, 13 November 2026. It was 2.54% in September.

The cap applies when rent is reviewed annually under a lease signed since Spain’s Housing Law took effect on 25 May 2023. It does not mean every rent covered by the rule will rise by 2.57%.

The institute has published the figure each month since November 2024. October marks its 17th consecutive month above 2%. To set the cap, it compares annual consumer price inflation, core inflation and an adjusted average annual rate, then uses the lowest of the three.

Topics: Housing

Source: Europa Press / Mallorca.com