It will be implemented in 24 municipalities of Lapurdi declared stressed, which are divided into three zones. An average rental price per square meter has been set in each of them.
The measure that limits the rental of the home in Iparralde has come into force next Monday and will be applied in an initial phase 24 municipalities emphasized from Lapurdi.
The measure has consequences for new rental properties or extensions of rental contracts. A website has been set up where all information on this subject is offered to citizens. For the time being, the scheme applies for two years.
They are defined three zones (first, second and third) and in each of them an average rental price per square meter has been set. It is in the first area where rent will be more expensive: 12.5 euros per square meter. Baiona, Angelu, Biarritz and Saint Jean de Luz are some of the towns in that area. In the second area, which includes municipalities such as Urruña or Arbona, the rent will be on average around € 1. 11 euros per square meter, and in the third zone, which mainly includes inland cities, the average price will not exceed 11 euros.
Under the new measure, homeowners can charge up to 20% more rent above the established average price. A minimum price of 30% below average is also recommended.
If the established amounts are not met, both owners and real estate companies can be fined between 5,000 and 15,000 euros.
The agreement was signed a month ago between Julien Charles, Prefect of the Pyrénées-Atlantiques, and Jean René Etchegaray, President of the Commonwealth of Iparralde, who defended the measure as a necessary tool to tackle the housing problem.
Etchegaray assured that rental prices in Iparralde approach the prices of some metropolises and that there is therefore an urgent need to limit prices. For his part, Charles emphasized that in the French cities where the measure is in force (Paris or Bordeaux) they are already starting to notice its positive effects.
Source: EITB

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