Declaration of real estate rentals
When a non-resident owns real estate in Spain and rents it out, tax obligations arise for this person. The profit or loss obtained from this rental must be declared in Spain, and once the double taxation agreement between your country of residence and Spain has been analysed, the possibility of deducting this tax in your income tax return in your country of residence will be determined.
Depending on whether you are resident in an EU country or in a third country, you will be able to deduct certain expenses and will be taxed at a different rate.
We can help you to prepare your non-resident income tax return to declare your property rentals in due time and form and advise you on the possible deduction of taxes paid in Spain in your home country.
FAQs
I paid more tax on my Spanish rental income last quarter – could it be because of Brexit? Have my tax rate and deductible expenses changed?
Yes. Since Brexit, UK residents pay 24% tax on Spanish rental income with no deductible expenses, whereas EU residents pay 19% and can deduct costs.
Last updated: 19/10/2026
If there are no rentals in a quarter, but I have received an income for a reservation in future periods, do I have to make a declaration?
Article 15 of the IRNR Law establishes that taxpayers who obtain income without the intermediation of a permanent establishment will be taxed separately for each total or partial merit of income subject to taxation, without it being possible to compensate between them. Therefore, if a property has not been rented in a period, but the reserve fees have been payable, the rent must be declared in the quarter in which the income has been received.
Last updated: 14/03/2022