SUBSIDIES TO ENCOURAGE THE REDUCTION OF RENTALS OF COMMERCIAL PREMISES AFFECTED BY COVID19

13/07/2020

Barcelona City Council is launching a financial aid aimed at individuals or legal entities that are lessors of real estate for commercial premises in the city of Barcelona that significantly reduce the amount of rental income to tenants holding the activities that they have been suspended due to the declaration of the state of alarm derived from Covid-19 and the regulations deriving from it for a minimum period of six months from its declaration.

The amount of the subsidy is € 600 if the owners reduce the amount by between 25 and 50% and € 1,200 if the reduction is more than 50%.

The deadline for submitting applications will be from July 3 to September 2, 2020.