Santa Cruz de Tenerife Real Estate Administrators Association advises against signing rental agreements for 48 hours
The Santa Cruz de Tenerife Real Estate Administrators Association recommends caution when signing rental agreements over the next 48 hours due to new temporary regulations by the Spanish government.

The new measures were approved by the Spanish Council of Ministers and published in the Official State Gazette (BOE). They will remain in force until the Congress of Deputies votes to confirm or reject them.
Agreements signed during this period will be subject to the new rules, even if they are not ultimately approved by parliament. The government allows for the extension of some agreements to two years and automatic renewal.
The Association states that property owners need clarity on the duration of the agreement, the deadline for recovering the property, economic conditions, rent update mechanisms, and the applicable law after the contract ends. Therefore, they advise caution and consultation with experts before signing new agreements during the period when the new decrees are in force.