taxes

What annual tax do non-residents pay on Spanish property?

Non-resident property owners in Spain must file an annual tax return (Modelo 210) even if they don't rent the property.

If the property is not rented, you pay imputed income tax based on the catastral value — typically 1.1% of the catastral value (or 2% if the value hasn't been revised since 2012), taxed at 19% for EU/EEA residents or 24% for non-EU residents.

For a property with a catastral value of €100,000, the annual tax would be approximately €209 for EU residents.

If you rent the property, you declare the actual rental income and pay 19% (EU) or 24% (non-EU).

EU residents can deduct expenses proportionally, while non-EU residents pay tax on gross income.

The tax year is the calendar year, with filing deadlines varying by quarter.

Your fiscal representative or gestor handles these filings.

WOW-Estates recommends all non-resident buyers set up tax representation from day one.