On 30 September 2026, the Spanish Official State Gazette (BOE) published Royal Decree-Law 26/2026, adopting urgent measures to protect the social function of housing and expand the supply of affordable housing. The decree introduces significant fiscal and tax provisions aimed at incentivizing affordable housing development, modifying property tax treatments, and providing tax credits for landlords who adhere to rent control regimes. The measures take immediate effect and apply to the 2026 tax period, with certain provisions extending into 2027.
Key Takeaways
- Affordable Housing Incentives: New tax deductions for corporate and personal income taxpayers who invest in qualified affordable housing projects, including accelerated depreciation for qualifying assets.
- VAT and Transfer Tax Adjustments: Reduced VAT rates for social housing acquisitions and exemptions from transfer tax for public housing entities, lowering acquisition costs for eligible buyers.
- Rent Control Compliance: Landlords participating in the new rent limitation scheme receive a 60% reduction on net rental income for personal income tax purposes, provided contracts meet duration and affordability criteria.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement