Non-resident property owners in Spain are subject to up to six distinct tax obligations, depending on how they use their property and the overall value of their Spanish assets. Most of these obligations arise simply from owning the property — not from renting it or selling it.
Overview: All Non-Resident Property Taxes in Spain (2026)
| Tax | Form | Who Pays | Key 2026 Rate / Change |
|---|---|---|---|
| IBI (local property tax) | None — bill issued automatically | All property owners | 0.4%–1.1% of cadastral value |
| IRNR imputed income (empty property) | Form 210 | All non-residents owning non-rented property | 19% EU/EEA; 24% non-EU |
| IRNR rental income | Form 210 | Non-residents who rent out property | 19% net (EU); 24% net (non-EU incl. UK post-2025 ruling) |
| IRNR capital gains (property sale) | Form 210 | Non-residents who sell property | 19% EU; 24% non-EU |
| Plusvalía Municipal | Local form | Sellers (buyer substitutes for non-resident sellers) | Land value increase × coeff. × rate |
| Wealth Tax / IP | Form 714 | Net Spanish assets > €700K | 0%–3.75% by region; Valencia exemption raised to €1M |
| Solidarity Tax / ITSGF | Form 718 | Net Spanish assets > €3M | 1.7%–3.5%; 60% shield now applies (TEAC Dec 2025) |
| Form 720 (overseas assets) | Form 720 | Residents — NOT non-residents | 31 March annual deadline |
Key 2026 Updates Applied in This Version
- Valencia ITP: 10% → 9% from 1 June 2026 (Ley 5/2025). AJD: 1.5% → 1.4%.
- Valencia Wealth Tax: exemption raised from €700,000 to €1,000,000 (Ley 5/2025, from 1 June 2026).
- ITSGF 60% shield: TEAC December 2025 decision extends the 60% combined cap to the Solidarity Tax on Large Fortunes.
- Airbnb/short-term rentals: from August 2026, platforms must verify registration numbers before listing. Non-resident hosts must register under local tourist accommodation regulations.
- Non-EU rental expense deductions: Audiencia Nacional ruling SAN 3630/2025 (September 2025) confirms non-EU owners may deduct rental expenses. Retroactive refund claims available for 2021–2024.
- Beckham Law & IRNR: TEAC Resolution 3697/2025 (July 2025) rules Beckham Law holders may owe IRNR imputed income on all Spanish properties including primary residence. TSJ Madrid 665/2025 takes opposite view — legal dispute ongoing.
Tax 1 — IBI: Local Property Tax
IBI (Impuesto sobre Bienes Inmuebles) is Spain’s annual local property tax, broadly equivalent to council tax in the UK or property tax in the USA. It is charged by the local town hall (ayuntamiento) and applies to every property owner in Spain, resident or not. IBI is NOT filed by the owner — the town hall issues the bill automatically. It is due annually, with dates varying by municipality (typically September–November). IBI is a deductible expense against rental income in your Form 210 declaration for EU/EEA residents and, following the 2025 Audiencia Nacional ruling, also for non-EU residents.
Tax 2 — IRNR / Form 210: Non-Resident Income Tax
The IRNR (Impuesto sobre la Renta de No Residentes) is the core tax obligation for non-resident property owners, declared using Form 210. It covers three situations:
Situation A: Imputed Income (Vacant / Personal-Use Property)
Spain taxes a notional income even if no rent is received: 1.1% of cadastral value (if revised within 10 years) or 2% (if not revised). Taxed at 19% (EU/EEA) or 24% (non-EU). Deadline: 31 December of the year following the tax year.
Situation B: Rental Income
Declared quarterly (20 April, 20 July, 20 October, 20 January) or annually (1–20 January). EU/EEA owners deduct expenses (IBI, mortgage interest, insurance, repairs, agent fees) and pay 19% on net income. NON-EU owners: following the SAN 3630/2025 ruling (September 2025), also entitled to deduct expenses and pay 24% on net income. Retroactive refunds available for 2021–2024 for non-EU owners who filed on gross income.
Situation C: Capital Gains (Property Sale)
Buyer withholds 3% of sale price (Form 211, due within 30 days). Seller files Form 210 within ~4 months. Capital gains taxed at 19% (EU/EEA) or 24% (non-EU). If real liability < 3% withheld, difference is refunded. Deductible costs: ITP, notary/registry fees, lawyer fees, documented improvements, agent commissions.
Tax 3 — Plusvalía Municipal
The Plusvalía Municipal (IIVTNU) is a local tax levied by the town hall on the increase in land value during the period of ownership. Key facts:
- Applies when a property is sold, inherited, or gifted.
- When the seller is non-resident, the buyer typically becomes the substitute taxpayer and pays the Plusvalía directly to the town hall.
- If there has been no increase in land value, no Plusvalía is due (following constitutional court rulings).
- Deadline: 30 days from the date of the deed of sale.
- Entirely separate from Form 210 capital gains — both can apply to the same sale.
Tax 4 — Wealth Tax (Impuesto sobre el Patrimonio)
Wealth Tax applies to non-residents on the net value of assets located in Spain as of 31 December each year.
- Net assets > €700,000 → file Form 714 and pay tax.
- Gross assets > €2,000,000 → file Form 714 even if net < €700,000.
- The €300,000 primary residence deduction does NOT apply to non-residents.
Regional Variation (2026)
- Madrid & Andalusia: 0% (100% regional bonification) — but ITSGF applies above €3M.
- Valencia: NEW in 2026 — exemption raised to €1,000,000, rates 0.25%–3.12%.
- Catalonia: exemption €500,000; rates 0.21%–2.75%.
- Balearic Islands: €700,000 exemption; up to 3.45%.
- Extremadura: €500,000 exemption; highest top rate in Spain at 3.75%.
Supreme Court 2025: Non-residents can now apply the 60% combined income/wealth tax cap (STS 4849/2025 and 4846/2025). Retroactive refund claims available for 2021–2024. The TEAC December 2025 decision also extends this cap to the ITSGF.
Tax 5 — Solidarity Tax on Large Fortunes (ITSGF)
| Net Spanish Assets | ITSGF Rate |
|---|---|
| €3,000,000 – €5,347,998 | 1.7% |
| €5,347,998 – €10,695,996 | 2.1% |
| Over €10,695,996 | 3.5% |
Filed using Form 718 (1–31 July). The ITSGF is complementary to regional Wealth Tax — regional tax paid is credited against ITSGF.
Complete Non-Resident Property Tax Calendar 2026
| Tax | Form | Deadline | Authority |
|---|---|---|---|
| IBI (2026) | None | Varies by municipality (Sept–Nov) | Local Ayuntamiento |
| IRNR rental income (Q1 2026) | Form 210 | 20 April 2026 | AEAT |
| IRNR rental income (Q2 2026) | Form 210 | 20 July 2026 | AEAT |
| IRNR rental income (Q3 2026) | Form 210 | 20 October 2026 | AEAT |
| IRNR rental income (2025 annual grouping) | Form 210 | 1–20 January 2026 — PASSED | AEAT |
| IRNR imputed income (2025 tax year) | Form 210 | 31 December 2026 | AEAT |
| IRNR capital gains (property sold) | Form 210 | ~4 months from sale deed date | AEAT |
| Plusvalía Municipal (sale/inheritance/gift) | Local form | 30 days from deed date | Local Ayuntamiento |
| Wealth Tax (2025 tax year) | Form 714 | 7 April – 30 June 2026 | AEAT |
| Solidarity Tax ITSGF (2025 tax year) | Form 718 | 1–31 July 2026 | AEAT |
Airbnb / Short-Term Rental — New Rule from August 2026
From August 2026, Airbnb, Booking.com, and other short-term rental platforms are required to verify registration numbers before listing properties in Spain. Non-resident owners with short-term rentals must ensure their property is properly registered under local tourist accommodation regulations — in addition to meeting their Form 210 obligations on rental income.
Tax Rates by Country of Residence
| Country of Residence | Tax Zone | IRNR Rate (Imputed/Rental) | Capital Gains | Expense Deductions |
|---|---|---|---|---|
| Germany, France, Netherlands, Belgium, Italy | EU | 19% | 19% | Yes |
| Norway, Iceland | EEA (non-EU) | 19% | 19% | Yes |
| United Kingdom (post-Brexit) | Non-EU | 24% | 24% | Yes (2025 ruling) |
| United States, Canada | Non-EU | 24% | 24% | Yes (2025 ruling) |
| Israel, Switzerland, Australia | Non-EU | 24% | 24% | Yes (2025 ruling) |
| Russia | Non-EU | 24% | 24% | Subject to treaty analysis |
Let Lextax Handle the Complexity
Lextax is a specialist legal and tax advisory firm based in Xàbia (Jávea), Costa Blanca, with international clients across Europe, the US, and beyond. We manage the complete tax and legal profile of foreign property owners.
- Annual Form 210 — imputed income, rental income, capital gains
- 3% retention recovery after property sales
- Wealth Tax and Solidarity Tax planning and filing
- Beckham Law applications and annual compliance
- Non-EU rental expense deduction claims (2025 ruling)
- Wealth Tax 60% shield retroactive refunds (2021–2024)
- Short-term rental registration coordination
Request Your Free Non-Resident Tax Assessment
Related Guides
- Non-Resident Income Tax in Spain (Form 210): Complete 2026 Guide
- ITP in Spain: Property Transfer Tax Rates by Region — Complete 2026 Guide
- Wealth Tax in Spain for Non-Residents: 2026 Guide
- Selling Property in Spain as a Non-Resident: Complete Tax Guide 2026
- Inheritance & Gift Tax in Spain for Non-Residents: 2026 Guide
- The Beckham Law in 2026: Is It Still the Best Tax Regime?
- Top 10 Costly Mistakes Foreigners Make with Spanish Property Taxes
