2026 Tax Updates for Non-Resident Property Owners in Spain

2026 brings important updates for non-residents who own property in Spain. Here is a clear summary of what you need to know to stay compliant with the Spanish Tax Agency (AEAT).

1. New Single Registry for Short-Term Rentals

Since 1 July 2025, every short-term rental property must be registered in the new Single Rental Registry. Platforms such as Airbnb and Booking require the registration number to publish a listing. Non-resident owners must comply just like residents.

2. IRNR Tax Rates Unchanged

• 19% for residents of the EU, Iceland, Norway and Liechtenstein.
• 24% for the rest of the world (UK included after Brexit, unless the tax treaty applies).

3. Imputed Income: Cadastral Reference Value

The applicable rate is 1.1% of the cadastral value if it has been revised in the last 10 years (from 2015 onward), or 2% otherwise. Many municipalities updated values in 2025, so check your latest IBI receipt.

4. Key Deadlines for 2026

• Imputed income (FY 2025): until 31 December 2026.
• Annual rental return: 1–20 January 2026 (income from 2025).
• Capital gains: 3 months from the date of the public deed.
• 3% withholding refund (Form 210H): 4 months from the transfer date.

5. SEPA Direct Debit

The AEAT allows direct debit payment of Modelo 210 if you have a SEPA account. Direct debit is available up to 5 days before the filing deadline.

6. Reporting Foreign Assets in Your Home Country

If you live abroad but own property in Spain, remember that your country of residence may also require you to declare the asset (Box 3 in the Netherlands, Vermögenssteuer in Germany, etc.). The double-taxation treaty prevents paying twice.

7. Penalties for Not Filing Modelo 210

The AEAT is increasing data cross-checks with the cadastre, notaries and registries. Failing to file can lead to:

• 1% monthly surcharge (up to 12%) for voluntary late filing.
• 50% to 150% of the tax due as a penalty if the AEAT detects it first.
• Bank account or property seizure in extreme cases.

Conclusion

2026 brings no major reform, but tighter enforcement. The best strategy: file your Modelo 210 on time and calculated correctly. At SpainTaxForm we automate the full process for less than a traditional accountant.

Sources

• 1AEAT — Modelo 210
• 2BOE — Single Rental Registry