Non-resident Spanish property owners are required to pay ‘income’ tax on their property annually.

Whether it is only for private use, it is rented out or sold, you are required to file an annual Modelo 210 return and pay the amount of tax due by 31 December for the previous calendar year.

For example 31 December 2024 is the deadline for non-residents who owned or purchased during 2023.

Tax owing on a property for personal use

Multiple property owners are required to file separate returns according to their share of the property. The tax bill will be split according to the ownership share.

Calculating non-resident tax

This is a calculation as follows (assumption that the year is 2023):

Cadastral Value x 1.1% (if the municipality was reviewed less than 10 years ago) or 2% (if it was reviewed more than 10 years ago) x 19% (European fiscal non-residents) or 24% (non-European fiscal non-residents)

NOTE: If there is no cadastral value available, then the assumed figure is 50% of the purchase price.

Sun lawyers can assist with the preparation and electronic submission of your Model 2010 return. Call 965 321 193 or email admin@sun-lawyers.com

This article is for guidance only and does not constitute advice. It is correct at the time of publishing. For the most up to date information on this topic, contact us directly and do not rely upon the content of this article as its accuracy cannot be guaranteed.