On 7 October 2026, the Spanish Official State Gazette (BOE) published Royal Decree-Law 29/2026, dated 6 October 2026, which adopts urgent measures to protect the social function of housing and expand the supply of affordable housing. The decree forms part of the government’s ongoing strategy to address housing affordability through fiscal and tax incentives. While the full text of the decree should be consulted in the BOE for precise provisions, such measures typically include tax deductions for landlords offering below-market rents, reduced VAT rates on social housing acquisitions, and potential exemptions from transfer taxes for first-time buyers. The decree enters into force the day following its publication, making its provisions immediately applicable for the 2026 tax year.
Key Takeaways
- Immediate Effectiveness: The decree became effective on 8 October 2026, requiring taxpayers and advisors to assess its impact on current-year tax planning without delay.
- Affordable Housing Focus: The measures target the expansion of affordable housing stock, likely introducing or enhancing tax credits for developers and investors committed to social housing projects.
- Compliance Review Required: Real estate companies, landlords, and tax professionals should review the decree’s specific articles to identify applicable benefits and adjust filing positions accordingly.
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