Non-Resident Income Tax on Spanish Rental Property in 2026

Calculating Your Spanish Rental Income Tax

• EU/EEA Residents: You declare your net rental income. This means you can deduct allowable expenses such as mortgage interest, property insurance, community fees, repairs, and depreciation. The resulting net profit is then taxed at 19%.
• Non-EU/EEA Residents: You are taxed on the gross rental income received, meaning no expenses can be deducted. The entire rental revenue is subject to a flat tax rate of 24%. This makes it essential to factor in this higher effective rate for your investment calculations in 2026.

Key Deadlines for Non-Resident Landlords 2026

• Quarterly Declarations: Income received from rentals must be declared quarterly using Form 210. The deadlines are the 20th day of the month following the end of each calendar quarter (e.g., by April 20th for Q1, July 20th for Q2, October 20th for Q3, and January 20th of the following year for Q4).
• Annual Property Tax Return: While quarterly declarations cover income, an annual informative tax return (Form 150) might be required for certain situations, though Form 210 is the primary vehicle for reporting rental income.
• Specific Situations: If the property is not rented out for the entire year, you must still declare it as being available for rent and pay imputed rental income tax (a percentage of the cadastral value), usually declared annually.

Step-by-step