What property taxes will I pay as a non-resident owner in Spain?

Owners pay an annual local property tax (IBI) and a rubbish charge. Non-residents also file a yearly non-resident tax return: on a property you do not rent out you are taxed on a notional income, and on a rented property you are taxed on the rent. UK owners are taxed at the non-EU rate.

IBI is set by the town hall and is generally between about 0.4% and 1.1% of the property’s cadastral value (a government value, usually lower than the market price). Ask the seller for the latest IBI receipt.

If you do not rent the property out, non-residents are taxed on an imputed income, based on 1.1% or 2% of the cadastral value. The rate is 19% for EU and EEA residents and 24% for non-EU residents, including the UK. If you rent it out, owners from outside the EU, including the UK, pay 24% on the gross rent without deducting costs, whereas EU and EEA owners pay 19% on net income. These returns are filed on Modelo 210.

On a sale, non-residents pay 19% capital gains tax. The buyer withholds 3% of the price and pays it to the tax office on your behalf, and you reclaim any excess. A wealth tax can apply to net Spanish assets above €700,000, depending on the region.

The UK and Spain have a double taxation agreement, so you should not pay tax twice on the same income. Always take advice from an adviser who knows both systems.

General information, not legal or tax advice. Rules and figures were last checked in November 2026 and change, so take independent advice from a Spanish lawyer for your own purchase.