Spain approves extraordinary housing measures: “Magnificent agreement”

A prohibition on house purchase by investment funds will also be by the end of 2028.

A second decree adopted at the same meeting provides for the automatic renewal of lease contracts, to time indefinite, one of the biggest claims of protest promoters who have led thousands of people to the streets in Spain in the last week.

The Government asked Parliament to hold an extraordinary plenary next Friday for ratification of the two decrees (which will be voted separately) by Members, a necessary step to ensure that they remain in force for more than a month.

“ What was unthinkable a month ago was achieved today”, wrote Health Minister Mónica Garcia on social network X, in a publication in which she listed some of the measures adopted by the Council of Ministers today.

The decrees adopted today demanded hours of negotiation between the two parties in the coalition of government in Spain, the Socialist Party (PSOE) and the Somar left platform, as recognized by the two formations publicly.

In addition to Mónica Garcia, of Somar, also the Minister of Justice and leader of the PSOE, Félix Bolaños, confirmed in a publication on the X that there was agreement within the coalition and legislation for housing was approved in the Council of Ministers today.

“Magnificent agreement. Today is a great day for tenants and small owners. And bad for speculators”, wrote Bolaños.

Magnificent acuerdo. Hoy es un gran día for tenants and small owners. Y malo for speculators.

We continue to work to guarantee el derecho a una vivienda a precio asequible, en alquiler o en propiedad.

— Félix Bolaños (@felixbolanosg) September 29, 2026

The Council of Ministers of Spain met today with the aim of adopting legislation to protect tenants from evictions and avoid uncontrolled increases in income, pressured by protests that have led thousands of people to the streets.

The protests have taken place last week in several cities in Spain, with a special dimension in Madrid, after the eviction by the 87-year-old Maricarmen Abascal police of the apartment in the centre of the Spanish capital in which it has lived since 1956.

Under the motto “not a Maricarmen more”, 300,000 people, according to the Association Union of Tenants and Tenants of Madrid, and 25,000, according to the authorities, manifested themselves on Saturday in the streets of the city and hundreds have been camped since that day in the square Porta do Sol, where they installed close to 400 tents.

The case of Maricarmen Abascal and the size of the protests even relegated the Ceuta crisis to the background in the Spanish media.