Key Points About Rental Tax for Non-Residents.
If you are a non-resident property owner renting out your property in Spain, you must pay taxes on the rental income and file the appropriate declaration using Modelo 210. The deadline for annual rental tax is January 20 2025, covering the rental income for the previous year.
1. Who Must Pay?
- Non-residents who own property in Spain and earn rental income.
2. Tax Rates:
- EU/EEA Residents: 19% of net income (after allowable deductions).
- Non-EU Residents: 24% of gross income (no deductions allowed).
3. Deductions (for EU/EEA residents only):
You can deduct expenses directly related to renting the property, such as:
- Mortgage interest.
- Property maintenance and repairs.
- Utilities (if paid by the owner).
- Property insurance.
- Local taxes and fees.
- Community fees + agent’s commissions + lawyers fees
Non-EU residents are taxed on gross rental income, with no deductions allowed.
4. Filing Frequency:
- Since 2024 – Annually – you must declare and pay the tax by January 20 of the following year.
Do you need our help?
Our helpful tax team can support you. Contact us at admin@sun-lawyers.com or call 965 321 193.
