Tax information, hints and news. Exclusive for overseas property investors and owners.

Browsing Category

Spanish Property Tax

Spanish Property Tax

What are deemed tax returns for a property in Spain?

Ever wondered what is deemed tax?

This is a tax paid by non-residents in Spain who own properties located in the country that were not rented. They are subject to non-resident deemed income tax.

Landlords with a house or apartment in an urban area that is not let, are still obliged to pay tax on “deemed rental income“. In case the property is partially let, Spanish Deemed tax is applicable only for the period in which it was vacant or occupied by the owner for personal use.

These landlords must file a non-resident income tax return (Form 210) to report the “deemed income”.

Continue reading