The Barcelona mayor is taking action on the city’s worsening housing crisis by telling landlords to rent out vacant homes within 30 days – or risk them being repossessed for half their market value.
With nearly 200 flats lying empty, Ada Colau said property owners must take on tenants in the next 30 days to avoid them being seized by the city.
The Catalan capital sent notices to 14 landlords warning them of the compulsory purchase plans, with any properties left empty pegged to be made available as affordable housing by the Town Hall while the companies could also face fines of up to €900,000 (nearly £820,000).
Last year a report found that Spain’s rent prices were rising 30 times faster than wages were while tenants in Barcelona were found to be paying the most per square metre in the country.
There are also proposals to fine homeowners who leave their properties empty for more than two years in a bid to tackle the city’s housing crisis.
Since 2016 local authorities across Catalonia have had the power to take properties left empty for two years and rent them out to low-income families for between four and ten years, before returning them to the owner – but the legislation has rarely been applied, and the new powers will mean officials don’t have to return the property to owners.