How is Spanish non-resident tax on a property calculated?

The four ingredients

For a property that is not let, the calculation has four steps and no hidden extras.

1. Cadastral value. The valor catastral on the latest IBI receipt, not the price you paid or the market value.
2. Coefficient. 2% as the general rule. 1.1% if your municipality's cadastral values were revised by a general collective valuation in force from 2012 onwards (this applies to tax years 2023 to 2026).
3. Share and days. Your percentage of ownership, then the number of days you owned the home and did not rent it, divided by the days in the year.
4. Rate. 19% for residents of EU and EEA countries, 24% for residents anywhere else, including the UK and the US.

There is no allowance, no minimum and no deduction to subtract on the way.

A worked example

Ciara and Tom own a flat in Altea half each. The receipt shows a cadastral value of €150,000 and the town uses 1.1%.

• Imputed income for the whole flat: €150,000 × 1.1% = €1,650.
• Each spouse's half: €825.
• Ciara lives in Ireland: €825 × 19% = €156.75.
• Tom has moved to Belfast for work and is UK resident: €825 × 24% = €198.

Each files their own Modelo 210. If they had owned the flat for only 300 days of a 365-day year, Tom's base would become €825 × 300/365 = €678.08, and his tax €162.74.

Where people go wrong

The usual errors are using the purchase price instead of the cadastral value, applying 2% where 1.1% is allowed, forgetting the ownership share, or declaring the whole year after a mid-year purchase. Each of these changes the amount, sometimes in the tax office's favour, sometimes not. A separately registered garage needs its own calculation too.

Rented days

If the home was let for part of the year, those days come out of the imputed-income calculation and go onto a rental return, which follows different rules. The guide to renting out covers that side.

Check your own figures

Enter your value, town and share in the calculator. If you are unsure which coefficient applies, the coefficient checker looks it up for your municipality.