How to Calculate Spanish Income Tax (Modelo 210) for Your Holiday Home in 2025
Whether you rent out your Spanish holiday home or just enjoy it privately, as a non-resident you're required to deal with Spanish income tax — officially known as IRNR (Impuesto sobre la Renta de no Residentes). This tax is reported using the well-known Modelo 210 form. But how exactly do you calculate what you owe?
In this guide, we explain in plain language how to calculate your taxable amount, which rates apply in 2025, and what rules are relevant for both rental and non-rental use. This article complements our earlier posts:
What is IRNR and Modelo 210?
If you live outside Spain but own property there, you must declare income from that property under Spanish law. This includes:
Actual income from short- or long-term rental
Imputed income if the property is not rented out (a kind of estimated benefit from personal use)
This tax is reported using Modelo 210, the form specifically for non-residents.
Learn more about IRNR on Wikipedia
New in 2024/2025: Annual Filing for Rental Income
Until 2023, rental income had to be declared quarterly via Modelo 210. Starting in 2024, the system has changed:
Now you file once a year, between January 1st and 20th following the tax year
For non-rental use, the deadline remains December 31st
Example: for rental income earned in 2025, you must submit your Modelo 210 by January 20, 2026.
Official source: Agencia Tributaria – Modelo 210
1. Calculating Tax When You Rent Out Your Property
If your holiday home generates rental income, your tax is calculated on that income — minus allowable expenses (if you’re a resident of the EU or EEA).
Tax rates for 2025:
19% for residents of the EU/EEA
24% for residents outside the EU/EEA
Deductible expenses (EU/EEA only):
Local property taxes (IBI)
Repairs and maintenance
Utilities (electricity, water, gas)
Mortgage interest
Property insurance
Rental agency or platform fees (e.g. Airbnb, Booking.com)
Your AvenidaHQ subscription 😉
Example calculation:
Gross rental income (2025): €16,000
Total expenses: €5,000 → taxable income: €11,000
Tax (EU/EEA): 19% of €11,000 = €2,090
Outside the EU/EEA? You pay 24% on the full €16,000, with no deductions.
2. Calculating Tax When You Don't Rent Out Your Property
Even if your property is not rented out, Spanish tax authorities assume you benefit from owning it. This is called renta imputada (imputed income).
How to calculate imputed income:
1.1% of the cadastral value (if revised in the last 10 years)
2% if not updated in 10+ years
Example:
Cadastral value: €150,000
1.1% = €1,650 taxable base
Tax (EU/EEA resident): 19% of €1,650 = €313.50
More info about IBI and cadastral value
When and How to File
Non-rental use: file before December 31st of the following year
Rental income: file before January 20th of the following year
You can complete Modelo 210 online via the Agencia Tributaria’s official site, hire a local tax advisor (gestor), or use a tool like AvenidaHQ to simplify the process.
Frequently Asked Questions
1. Do I need to file separately for each property?
Yes, each property requires a separate Modelo 210 form.
2. How do I know if my property counts as rental or non-rental?
If you earn rental income, it counts as rental. If it’s used privately or sits empty, it’s considered non-rental.
3. Can I file for previous years?
Yes, late submissions are allowed — but you may face penalties or interest.
Conclusion
Whether you rent out your Spanish property or not, you’re required to file Modelo 210 as a non-resident. Your tax calculation depends on how the property is used and where you reside for tax purposes.
➡️ Try AvenidaHQ for free — no credit card required
We help you calculate taxes, create reports, and stay fully prepared for filing.