Spanish capital gains tax calculator (non-residents)

When a non-resident sells property in Spain, the buyer withholds 3% of the sale price and pays it to the tax office using Modelo 211. The seller then has four months from the deed date to file Modelo 210 declaring the capital gain.

The gain is the transfer value (sale price less selling costs and taxes) minus the acquisition value (purchase price plus purchase costs, ITP/VAT, notary, land registry and capital improvements). Capital gains are taxed at 19% for both EU/EEA and non-EU residents.

If 19% of the gain is lower than the 3% withheld, you can claim the difference back through the same Modelo 210.

Points sellers usually miss

• Deadline: four months from the date of the sale deed (it starts after the buyer’s Modelo 211 one-month window).
• With several sellers, each owner files their own Modelo 210 for their ownership share.
• Capital improvements increase the acquisition value; maintenance and repairs do not.
• Property bought before 31 December 1994 may benefit from the reducing coefficients in the ninth transitional provision of the Spanish income tax law.
• For a refund, AEAT requires that the buyer actually paid the Modelo 211 and that you have no outstanding tax debts.