Imputed Income Tax

Do you own a property in Spain but do not reside here as a tax resident? The Spanish Tax Agency assumes you derive a benefit from the property—even if it remains vacant all year. This is known as imputed income tax (imputed rent) and must be declared annually via Modelo 210.

The amount is calculated based on the property's cadastral value (ratable value), your ownership percentage, and whether the cadastral value has been revised in recent years. While the tax itself is relatively low, it carries strict deadlines. Many non-resident owners discover this obligation too late, often after penalties and interest have already accrued. This calculator provides a clear estimate in under a minute.