For expenses derived from the rental of housing

Regulations: Art. 14 quindecies Consolidated Text of the legal provisions of the Principality of Asturias regarding taxes ceded by the State, approved by Legislative Decree 2/2014, of October 22

Amount and maximum limit of the deduction

• The amount of amounts paid in fiscal year that correspond to any of the following concepts:

  • • - Repair and maintenance costs.

    • - Expenses for formalizing leasing contracts.

    • - Insurance premiums for damages and non-payments.

    • - Expenses required to obtain energy efficiency certificates associated with such leases.

  Important : It is not necessary for the property to be rented on the date on which the expenses are paid. These expenses are linked to the investment the taxpayer must make to rent the property, not to the existence of a valid lease agreement.

• The maximum limit of the deduction is 500 euros per year.

  Clarifications:

  - This is a global deduction limit, independent of the number of leased properties.

  - In the joint taxation regime the deduction will be applicable for each member of the family unit who makes the investment with their own income, with the limit for each of them being 500 euros per year.

Requirements for applying the deduction

• That taxpayers obtain real estate capital returns from the leasing of homes.

  The deduction is applicable to residential leases provided for in article 2 of the LAU .

• That the purpose of such leases is the habitual residence of the tenant.

• That it is about leases paid at prices with social sustainability .

  The rental of primary residences will be considered to be remunerated at sustainable prices, in accordance with the regulations of the Principality of Asturias for these purposes, the approval of which has not yet been granted. As long as there are no regional reference prices, the prices provided for in state regulations for these purposes will be applied as a supplement.