Rental income tax
You will know how rent from any property is taxed once you live in Spain.
This topic covers how rent is taxed once you live in Spain. It looks at rent from a Spanish property, rent from a home abroad, the income the tax office assigns to a second home you leave empty, and short-term holiday lets.
Pick the article that fits your situation
Taxing rent from a Spanish property when you live in Spain
How to work out the taxable rent on a Spanish property you let while living in Spain: what you deduct, how depreciation works, when the long-term residential reduction applies, and how the result is taxed. For resident landlords.
Taxing rent from a home abroad when you live in Spain
If you live in Spain and own a home abroad that you rent out, that rent is taxable in Spain. This page shows how to report it, which expenses you can deduct inside and outside the EU/EEA, and how to avoid paying tax twice.
Tax on a second home you don't rent (renta imputada)
If you own a second home in Spain or abroad and don't rent it out, the tax office still treats part of its value as income. This page explains which properties count, the rates, and the fallback basis for foreign property.
Tax on short-term holiday rentals in Spain
Explains how Spain taxes short-term holiday lets: no long-term reduction, when VAT applies, what platforms report, the national registration number and when letting becomes a business activity. For owners letting a Spanish property to tourists.
About this topic
It is for anyone thinking about, planning or carrying out a move to Spain. After reading, you will know how rent from any property is taxed once you are a resident.
Start with "Taxing rent from a Spanish property when you live in Spain". It shows how to work out your net rent, your deductions and your reductions, and it gives you the basic picture the other pages build on.
Then read the page that matches your situation:
- "Taxing rent from a home abroad when you live in Spain", if you own a property in another country.
- "Tax on a second home you don't rent (renta imputada)", if you keep a home empty.
- "Tax on short-term holiday rentals in Spain", if you let to tourists.
This topic does not cover landlords who live outside Spain, tax on selling a property, or tenancy law.
Key rules
- Depreciation: You can deduct 3% a year of the higher of purchase cost or cadastral value, excluding the land.
- Rent reduction: The general reduction on net rent from a long-term let as the tenant's main home is 50%, and it does not apply to holiday lets.
- Imputed income: Imputed income on an unlet second home is 2% of the cadastral value, or 1.1% if the cadastral value was revised in the year or the ten previous years and came into force from 1994 onward.
- Record keeping: Keep rental records for at least four years, and up to ten years for losses or amounts carried forward.
- Tax base: Net rent is taxed with your other general income, not at the lower savings rates.
- Late declaration: Rent an inspection finds unreported loses the reduction.
Documents you may need
-
Certificate or tax receipt from the foreign tax authority showing the tax — Taxing rent from a home abroad when you live in Spain
-
Invoices and receipts for the expenses you deduct against rent from a property — Taxing rent from a home abroad when you live in Spain
Explore places
Where you live changes the details. See how Spanish regions and cities compare on rent, jobs, weather, safety and healthcare.
What to read next
More in Income, assets, investments, and pensions
Investment income and capital gains
You will know how your portfolio is taxed in Spain and which choices change the result.
Reporting foreign assets (Modelo 720)
You will know whether you must declare foreign assets, how to value them and what to do if you missed a year.
Timing before you arrive
You will know what to sell, move or restructure before you arrive and what the calendar-year rule means.
Also in Money and taxes
Need certainty before you act?
For important relocation decisions, speak with a qualified human specialist.
Always verify important information with the relevant official authority or a qualified adviser before acting. This website uses large language models together with various public data sources, official government documents and other established sources. Due to the amount of data on this website, some information might be wrong. Information may also be incomplete or outdated.