10.8.11. For investment in rehabilitation of homes intended for rent

Taxpayers will be able to deduct 15 percent of the amounts invested in housing rehabilitation actions.

 Requirements

1. The concept of housing rehabilitation is that included in article 20.1.22.B of Law 37/1992, of December 28, on Value Added Tax, or regulation that replaces it. For the purposes of the provisions of said article, building rehabilitation works are those that meet the following requirements:
   • That its main object is the reconstruction of the same, this requirement being understood to be fulfilled when more than 50 percent of the total cost of the rehabilitation project corresponds to works of consolidation or treatment of structural elements, facades or roofs or with works analogous or related to them. those of rehabilitation.
   • That the total cost of the works to which the project refers exceeds 25 percent of the acquisition price of the building if it had been carried out during the two years immediately prior to the start of the rehabilitation works or, in another case, of the market value of the building or part of it at the time of said beginning. For these purposes, the proportional part corresponding to the land will be deducted from the acquisition price or the market value of the building.
2. The home must be located in a town in Castilla y León that, at the time of acquisition or rehabilitation, does not exceed:
   • 10,000 inhabitants in general or
   • 3,000 inhabitants if it is less than 30 kilometers from the capital of the province

   As stated in Order HAC/197/2015, of March 3 (BOCYL 03-20-2015), the lists of municipalities (from January 1, 2016, populations) that comply with the requirements provided for in the regional regulations for the application of tax benefits in the transferred taxes over which the Community of Castilla y León has been assigned regulatory powers. These lists will be published on the Tax Portal of the Junta de Castilla y León.

3. The value of the home, for the purposes of the tax on the acquisition, must be less than 135,000 euros.

4. Other conditions for the application of the deduction:

   • That during the five years following the completion of the rehabilitation actions, the home is rented to people other than the spouse, ascendants, descendants or relatives up to the third degree of kinship (both collateral by consanguinity and affinity) of the owner of the home. .
   • That, if during the five years provided for in the previous letter, periods occur in which the home was not effectively rented, the home is offered for rent. With effect from July 12, 2019, Order EYH/668/2019 establishes the requirements that the rehabilitated home must meet to consider it being offered for rent:
     • The lease must be advertised or announced through one of the following means: posters on the property itself, advertising media including specific Internet portals, real estate agencies and real estate agents.
     • The properties offered for rent may not be effectively occupied during the period of time in which they are offered for rent. The consumption of supplies associated with the use of the home, such as electricity, water, gas and/or telephone, must show that the home is not occupied during this period of time.
   • That the monthly rental amount does not exceed 300 euros. The amount of the monthly rent will be the rent freely stipulated by the parties, and for the concepts agreed upon. If the contract does not stipulate otherwise, the general expenses of the home, such as IBI, municipal taxes, community expenses, etc., will be borne by the landlord, in accordance with the civil regulations that regulate the matter; If the impact of these expenses is agreed upon in the rental contract, they will be borne by the tenant and will form part of the rental amount.
   • That the legal rental deposit is deposited in accordance with the provisions of the applicable regulations.

    Maximum deduction base

    The basis of this deduction will be constituted by the amounts actually paid by the taxpayer to carry out the rehabilitation actions, with the maximum limit of 20,000 euros , both in individual and joint taxation.

   Population units of more than 10,000 inhabitants or that have more than 3,000 inhabitants and are less than 30 km from the Provincial Capital.

   Population Unit	INE code
   AVILA	05019000301
   ARANDA DE DUERO	09018000201
   BURGOS	09059000101
   MIRANDA DE EBRO	09219001101
   ASTORGA	24008000101
   LEON	24089000201
   ARMUNIA	24089000101
   PONFERRADA	24115002102
   SAN ANDRES DEL RABANEDO	24142000501
   ROAD WORK	24142000801
   VIRGIN OF THE ROAD (LA)	24189000801
   POCKET KNIFE	24222000301
   VILLAOBISPO OF LAS REGUERAS	24222000701
   BATHROOM SALE	34023000301
   PALENCIA	34120000101
   ALBA DE TORMES	37008000101
   BEJAR	37046000101
   CABRERIZOS	37067000401
   CARBAJOSA DE LA SAGRADA	37085000101
   CITY RODRIGO	37107000301
   SALAMANCA	37274000201
   SANTA MARTA DE TORMES	37294000201
   VILLAMAYOR	37354000101
   VILLARES DE LA REINA	37362000301
   LASTRILLA (LA)	40112000101
   SAN ILDEFONSO	40181000201
   SEGOVIA	40194000601
   SORIA	42173000401
   ARROYO DE LA ENCOMIENDA	47010000101
   CIGALES	47050000101
   CISTERNIGA	47052000101
   LAGUNA DE DUERO	47076000301
   MEDINA DEL CAMPO	47085000201
   SANTOVENIA DE PISUERGA	47155000101
   TORDESILLAS	47165000501
   DUERO TUDELA	47175000301
   VALLADOLID	47186000501
   ZARATAN	47231000101
   BENAVENTE	49021000101
   ZAMORA	49275000201

   Completion

   The amounts invested with the right to deduction for each taxpayer will be included in the box provided for this purpose.