All the tax non-residents in Spain who owns a property located in this country must complete and file every year the Income Tax Return (Tax Model 210) for imputed real estate income. This tax is calculated conidering the cadastral value of the property, the municipality of the Spanish property and the country of tax residency of the tax payer. The tax rate for tax residents in the European Union, Iceland, Norway and Liechtenstein is 19% and for non European tax residents is 24%.
This tax return can be submitted from January 1st to December 23th in relation with the imputed income of the previous year. That means that in 2025 it will be submitted the non-residentes tax returns for imputed real estate income regarding tax year 2024.
Every owner must file an individual tax return in proportion with their percentage of ownership.
In case that the property has been rented during the year, the imputed real estate income will be calculated considering only the days that the property hasn't been rented.
The professionals of Holatax have created a guided and simple form to help you to complete, calculate and file your imputed real estate income tax return. The form only contains the compulsory information the the Tax Authorities and us requires to complete the tax return and do the calculations. After complete the form you will inmediately know the amount of taxes to pay.
The tax return payment can be done by a charge in your spanish or SEPA bank account on December 31st (authomatically done by the Tax Authorities) or with a transfer made from your non-SEPA bank account. In our form, you can choose which option fixes better to you.
Complete the data of our online guided form only with the necessary information, calculate the tax due and file your tax return. You will only need the property deed of purchase and the IBI (property tax) of the current year.
It is cheap, easy and only takes minutes.
Contact us and we will ask you the necessary documentation to file your yearly income tax return. We'lll take care of preparing and filing your tax return, as well as calculating the tax due. You'll be the one who confirms that everything is correct and we can file on time.
It is secure, accurate and taylor-made.
And don't worry about next years' tax returns. If you have already tried our services and are satisfied with them (we are sure you are), you will be able to file them with us every year. Easy, fast and efficient.