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Rental income tax in Spain for non-resident property owners
Renting out your Spanish property can generate attractive returns, but the tax treatment differs significantly depending on whether you are an EU/EEA resident or not. This guide explains the rules, rates and filing obligations.
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EU vs non-EU: a critical distinction
The tax treatment of rental income depends entirely on where you are tax resident, not on your nationality:
| Factor | EU/EEA resident | Non-EU resident (UK, US, etc.) |
|---|---|---|
| Tax rate | 19% | 24% |
| Tax base | Net income (after expenses) | Gross income (no deductions) |
| Deductible expenses | Mortgage interest, insurance, repairs, IBI, community fees, depreciation | None |
| Tax on €1,000/month rent | 19% of the rent minus expenses | €240/month |
Tax rate
19%
24%
Tax base
Net income (after expenses)
Gross income (no deductions)
Deductible expenses
Mortgage interest, insurance, repairs, IBI, community fees, depreciation
None
Tax on €1,000/month rent
19% of the rent minus expenses
€240/month
Post-Brexit impact for UK ownersBefore Brexit, UK residents were taxed as EU residents (19% on net income). Since January 2021, UK residents pay 24% on gross income with no deductions: a higher rate on a bigger base.
Deductible expenses (EU/EEA residents only)
If you are tax resident in an EU or EEA country, you can deduct the following expenses from your rental income:
- •Mortgage interest — only the interest portion, not principal repayment
- •Property insurance — home insurance and liability insurance
- •Repairs and maintenance — not improvements or renovations
- •IBI (council tax) — proportional to rental period
- •Community fees — proportional to rental period
- •Management/agency fees — if you use a rental management company
- •Depreciation — 3% of the construction value (not land) per year
- •Legal and accounting fees — related to the rental activity
- •Utility bills — if you pay them (not the tenant)
Filing obligations
Since 2024, rental income with tax to pay can be grouped by year on Form 210 (or declared one return per rent, as you choose). The deadline depends on the year the rent was earned:
| Rent earned in | How it is declared | Filing deadline |
|---|---|---|
| 2024 and 2025 | Annual (separate quarterly returns still allowed) | 1-20 January of the following year |
| 2026 onwards | Annual (separate returns still allowed) | 1-20 April of the following year |
2024 and 2025
Annual (separate quarterly returns still allowed)
1-20 January of the following year
2026 onwards
Annual (separate returns still allowed)
1-20 April of the following year
Tourist rental licence requirements
If you rent your property short-term to tourists (Airbnb, Booking, etc.), most Spanish regions require a tourist rental licence (licencia de vivienda turística). Requirements vary widely by region and by town hall, and some areas restrict new tourist licences.
Operating without a licence can result in heavy fines, set by each region. Always check local regulations before listing your property.
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Frequently asked questions
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About this content
Mortgage Content Editor
Published: March 2026
Last updated: October 2026
This page is informational and editorial in nature. It explains how the described mortgage conditions typically work and what to review, without guaranteeing results or replacing a lender’s assessment.