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Spain Non-Resident Rental Yield Calculator
Calculate your IRNR tax liability (Modelo 210) and true net rental yield on your Spanish property as a non-resident. Covers EU/EEA (19%) and non-EU/EEA (24%) regimes.
Enter property details
Total acquisition price (incl. taxes and fees)
Gross monthly rent agreed with tenant
Determines tax rate and deductibility of expenses
IBI council tax + community fees + insurance + repairs + depreciation (3% of construction value)
Results
Annual rental income
Monthly rent × 12
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Gross rental yield
Annual income ÷ purchase price × 100
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IRNR tax calculation (Modelo 210)
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Annual deductible expenses
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Annual tax base
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Annual IRNR tax estimate
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Quarterly equivalent (reference; filed once a year, in April)
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Net yield after tax
Income − expenses − IRNR, on purchase price
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Note: This calculation does not include IBI council tax, community of owners fees or home insurance unless entered above (for EU/EEA residents). Consult a tax adviser to include all costs and optimise your Modelo 210 declaration.
This calculator is for guidance only. Consult a professional for personalized analysis.
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IRNR rental tax for non-residents in Spain
19% rate for EU/EEA residents
Non-residents taxed in an EU or EEA member state (including Norway, Iceland and Liechtenstein) pay 19% on the net tax base: rental income minus directly related deductible expenses (IBI, community fees, insurance, repairs and maintenance, building depreciation).
24% rate for non-EU/EEA residents
Non-residents with tax residence outside the EU/EEA — including the UK post-Brexit, US, Latin America, and Asia — pay 24% on gross rental income with no expense deductions. This difference makes the owner's tax residence a key factor in property tax planning.
Filing the Modelo 210
Since Order HAC/623/2026 (Official State Gazette, 23 June 2026), Modelo 210 for rental income is filed once a year, from 1 to 20 April of the following year: 2026 rental income is declared and paid from 1 to 20 April 2027. Filing is done through the AEAT (Spanish Tax Agency) online portal and requires a Spanish NIF (tax number). BMC can act as fiscal representative for non-residents.
Deductible expenses for EU/EEA residents
Deductible expenses include: IBI council tax, community of owners fees, home insurance, repairs and maintenance, mortgage interest, and building depreciation (3% per year on the higher of the cadastral construction value or the construction portion of the acquisition price).
For personalised non-resident tax advice, consult our Non-Resident Taxation service.
Frequently asked questions
What if I have multiple rental properties in Spain?
Each property generates a separate Modelo 210 filing. If you have multiple apartments, you must file one Modelo 210 per property (or per tenant). A fiscal adviser typically manages all declarations on a consolidated basis.
Do I need a fiscal representative in Spain?
Non-residents with rental properties in Spain are not required to appoint a fiscal representative, but it is strongly recommended for managing Modelo 210 filings, Modelo 213 (annual tax when the property was vacant part of the year) and AEAT notifications.
Can I offset Spanish IRNR tax against tax in my home country?
In most countries with a double tax treaty with Spain (Germany, France, UK, US, etc.), Spanish tax paid can be credited against your home country's tax liability. Treaties vary — consult a tax adviser in both countries for your specific situation.
What if the property is not rented for the full year?
For periods when the property is at the owner's disposal (vacant or for personal use), Spain taxes an imputed rental income of 1.1% or 2% of the cadastral value under the annual Modelo 210. This calculator covers only continuously-rented scenarios.
Does Brexit affect UK residents?
Yes. Since January 2021, UK residents are no longer treated as EU/EEA residents for IRNR purposes. UK-resident property owners in Spain pay 24% on gross rental income with no expense deductions, the same as other non-EU/EEA residents. The Spain-UK double tax treaty still applies to avoid double taxation.
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This tool provides a directional estimate. A specialist can analyse your specific situation in detail.
Methodology and sources
Assumptions applied by this calculator
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EU/EEA residents
19% IRNR rate (LIRNR Art. 25.1.a); deductible expenses proportional to rental days as a fraction of total days in the year.
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Non-EU/EEA residents (including UK post-Brexit)
24% on gross rental income with no expense deductions (LIRNR Art. 24).
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Net yield = (annual rent – deductible costs – IRNR) ÷ property market value. Property value entered by user.
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Depreciation deductible for EU/EEA
3% of construction value (land excluded) per year pro-rated to rental days.
Official sources
Last reviewed: 2026-01-15
This calculator provides an estimate for informational purposes. It does not replace professional advice. Results may vary based on personal circumstances and regulatory changes. Consult an advisor for personalized planning.
Rental property in Spain as a non-resident?
Our non-resident tax specialists manage your Modelo 210 filings, represent you before the AEAT and optimise the tax position of your Spanish rental property.