Skip to main content

Specific real-estate taxation issues

Taxation corresponding to income, capital gains and imputed income

Skip information index

Types of income from real estate

Income derived from properties located in Spain is subject to Income Tax for Non-Residents.

If a property is owned by a married couple or several people, each of them is a separate taxpayer who must file separate returns.

Income that taxpayers who own real estate can obtain is:

In case of non-resident individual taxpayer :

  • imputed income from urban real estate, if the property is for personal use or is unoccupied
  • Income from leased properties, if the property is rented
  • Capital gain, in case of sale of the property

In case of taxpayer legal person or entity non-resident:

  • Income from leased properties, if the property is rented
  • capital gain, in the event of sale of the property.
  • If the entity is resident in a tax haven (with effect from 11 July 2021, references made to tax havens are understood to be made to the definition of non-cooperative jurisdiction), it may be subject to the Special Tax on Real Estate of Non-Resident Entities.