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Hi I do not understand this moento have rented a vacation? and you're going to extend for two years Normally the value of holiday rentals has expanded the amount and change this amount, depending on the type of building contract Update Regarding income, the law provides that during the first 5-year contract income will increase or decrease (the latter seems unlikely) according to the change to experience the Consumer Price Index (CPI ) published by the National Statistics Institute, so the income will increase if the CPI rises or fall if he does so. The updating of the rent is made within one year of the contract by a simple mathematical operation is to multiply the amount of income by the percentage of CPI for the same month that the contract was concluded, for example, if the lease is held in the month of March 1996, the rent will be updated in March the following year, 1997, by multiplying the amount by the CPI for the month of March 1996, in the year 1998, income be updated by multiplying the amount of current income effect for the previous year by the CPI for the month of March 1997 and so on. The parties are required to maintain this system upgrade within 5 years thereafter the rent will be updated as the parties have agreed in the lease, but generally continue to increase according to CPI. Finally, current income will be payable from the month following that in which the owner informs the tenant the amount of the update.
Hi The spanish law does not allowed it
You have rental for 5 years. Spanish law allows to rental for less than a year time or five years, no more chances.
Once you have rental up to 12 months it is for five years and the only part you have to pay it is the IPC or the oficcial cost of the live increase
Do not pay anymore, because you do not have to acoording the spanish law. Only the official cost of the live
Salvo pacto en contrario en el contrato, si el propietario hace mejoras en la vivienda una vez transcurridos los cinco primeros años del arrendamiento, puede elevar la renta en una cantidad equivalente a la que resulte de aplicar a la cantidad invertida el interés legal del dinero más tres puntos porcentuales, sin que el aumento pueda exceder del 20% de la renta vigente en ese momento.
El aumento de la renta será efectivo desde el mes siguiente al que el propietario notifique por escrito al inquilino el aumento, expresando la forma de cálculo aplicada para determinar el aumento y acompañando los documentos que acrediten el importe de lo invertido en las mejoras.
It is not correct, and you do not have to pay for this 10 percent more because it is ilegal.
The owner only could charge you with the official IPC that it is 3 per cent for 2010
If he ask for more you do not have to pay for it
The Spanish law that rules it is
Ley de arrendamientos urbanos