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Tax Question?
Posted: Sun Apr 30, 2023 5:44pm
Me and my wife are going to buy an apartment 🤪 in Torrevieja. And the question is approx how much Spanish Tax will we pay on a 3 bed. We will not be renting it out only family will be using it ?
Posted: Sun Apr 30, 2023 6:12pm
Legendary helpful member
Hi Paul and Sue,
As a non-resident Spanish property owner with no rental income, you will pay an imputed tax based on the catastral value of your property. This website explains the tax and how it can be calculated:
https://spanishtaxforms.co.uk/spanish-property.htmlSome members do their own Modelo 210 tax submissions, but others prefer to use an advisor, such as Spanish Tax Forms, who I personally recommend.
Kind regards,
Kim
Posted: Sun Apr 30, 2023 10:22pm
Kimmy11 wrote on Sun Apr 30, 2023 6:12pm:
Hi Paul and Sue,
As a non-resident Spanish property owner with no rental income, you will pay an imputed tax based on the catastral value of your property. This website explains the tax and how it can be calculated:
Read more...
https://spanishtaxforms.co.uk/spanish-property.html
Some members do their own Modelo 210 tax submissions, but others prefer to use an advisor, such as Spanish Tax Forms, who I personally recommend.Kind regards,
Kim
Thanks Kim 😊
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