Modelo 210 – What Non-Resident Property Owners Need to Know for 2025

A complete guide for anyone who owns property in Spain but lives abroad.

Non-resident property owners in Spain face a familiar tax structure, but 2025 brings important changes—especially for short-term rentals. Two declaration periods define the coming year, while a new rental registry changes how tourist properties can be listed on digital platforms.

Why Non-Residents Must File Spanish Tax Returns

If you own a property in Spain but are not a tax resident, your property is treated as an asset that generates tax obligations—whether you rent it out or not. The three most common types of declarations are:

1. Imputed Income (Modelo 210)

Even if you never rent out your property, Spanish law considers it to generate a fictional income that must be declared and taxed annually.

2. Rental Income (Modelo 210)

If you rent out your property—short-term, long-term, or a combination—your rental income must be declared.

3. Capital Gain on Sale (Modelo 210)

When you sell your property, any gain must be declared, even if 3% retention (retención) has already been withheld by the buyer. The declaration must be filed no later than four months after the sale.

Key Changes in 2025 – What’s New?

A Single Annual Return for Rental Income

Starting in 2025, all rental income will be declared through one single annual submission in January of the following year. This replaces the previous quarterly system.

For income earned in 2025, the filing period is 1–20 January 2026.

New Central Registry for Tourist Rentals

All tourist and short-term rental properties are now included in a central register – the Single Rental Registry.

Key requirements:

• Every property must have a verifiable registration number.
• Platforms such as Airbnb and Booking must verify the number.
• Listings missing a valid number can be removed.
• Property owners risk fines if the registration is missing or incorrect.

If you rent your home, your licence information must be accurate and updated across all platforms.

Important Filing Deadlines

Imputed Income for 2024

• Deadline: 31 December 2025
• Applies to all non-resident property owners who do not rent out their property for the entire year.

Rental Income for 2025

• Filing period: 1–20 January 2026
• Applies regardless of whether the property is rented short-term or long-term.

Late filing may result in penalties, interest, and additional charges from the Spanish Tax Agency (AEAT).

Tax Rates and Calculation Rules

Tax Rates

• 19% for EU/EEA residents (based on net rental income – costs deductible)
• 24% for non-EU/EEA residents (based on gross rental income – no deductions allowed)

How Imputed Income Is Calculated

Imputed income is based on the property’s cadastral value (valor catastral):

• 1.1% if the cadastral value has been updated recently
• 2% if the property has not been revalued within the past 10 years

This calculated amount is then taxed according to the owner's residency status.

What Happens If You Don’t File?

Failing to declare can lead to significant consequences:

• Monthly late penalties (1% per month for the first 12 months, then up to 15%)
• Interest charged on outstanding amounts
• AEAT may block your ability to carry out future transactions
• Upon selling your property, tax authorities may withhold part—or all—of the sales proceeds until debts are settled

In recent years, AEAT has increased enforcement, particularly through automated cross-checks with the property registry and digital rental platforms.

Summary – What This Means for You

• You must file your imputed income declaration for 2024 no later than 31 December 2025.
• Rental income for 2025 is filed once, between 1–20 January 2026.
• Tourist rentals require a valid registration number to appear on rental platforms.
• Your tax rate depends on whether you are an EU/EEA resident.
• Missing a declaration can lead to fines, interest, and administrative complications.

With Estity, you receive full support throughout the process—from automatic retrieval of property data to correct calculation of both imputed income and rental income. Everything is gathered in one place, without hassle.