Vacation Property Spain Taxes – Guide for Foreign Owners 2025

## Tax Obligations for Foreign Owners in Spain

As a foreign citizen with a vacation property in Spain, you have tax obligations in both countries. This guide explains what you need to consider.

## Spanish Taxes on Rental Income (IRNR)

Non-residents pay IRNR (Impuesto sobre la Renta de No Residentes) on rental income. As an EU citizen, a tax rate of 19% applies on net rental income. You can deduct costs such as cleaning, management, repairs, insurance, proportional utilities, and depreciation (3%/year).

## The Modelo 210 – Your Tax Return

Tax returns are filed quarterly via Modelo 210. Deadlines are April 20, July 20, October 20, and January 20. Even with vacancy, an "imputación de rentas" must be declared – a fictitious rental income of 1.1-2% of cadastral value.

## Double Taxation Agreements

Most EU countries have double taxation agreements with Spain. Taxes paid in Spain are credited against your home tax liability. Income must still be declared in your home country.

## Practical Recommendations

Work with a local Gestor for Spanish taxes. Inform your home tax advisor about the foreign property. Keep detailed records of all income and expenses. Retain receipts for at least 4 years.