Modelo 210: How Non-Residents Declare Property in Spain

Modelo 210 is the Non-Resident Income Tax (IRNR) return filed by property owners or recipients of Spanish-source income who are not tax residents of the country. For residents of the EU, Iceland, Norway, and Liechtenstein, the rate is 19%, with the ability to deduct expenses (mortgage interest, IBI, utilities, 3% depreciation), while residents of the rest of the world are taxed at 24% on gross income with no deductions. Owners of property that is not rented out must annually declare imputed income — 1.1-2% of the cadastral value, depending on the date of the last revaluation. When selling property, the buyer must withhold 3% of the price (Modelo 211), and the seller declares the actual capital gain at a 19% rate, applying for a refund of any excess withheld amount where applicable.