Rental Income Declaration
Rental Income Declaration in Spain
Stay Compliant, Avoid Penalties
Declaring rental income is a legal obligation for property owners who earn income from leasing their real estate in Spain. It’s essential for maintaining compliance with Spanish tax law and avoiding fines.
At Fuster & Associates, we help international owners declare their rental income accurately and on time.
What Is the Rental Income Declaration?
This is the official process of reporting the earnings from renting out a property in Spain, whether short- or long-term. For non-residents, it must be declared annualy using Modelo 210, while residents include it in their annual tax return.
Declaring rental income ensures you fulfill your tax responsibilities, avoid penalties, and, in some cases, benefit from deductions.
Who Must File a Rental Income Declaration?
Resident and Non-Resident Owners
You must declare your rental income if you:
- Own a property in Spain and rent it out, either seasonally or long-term
- Are a non-resident, regardless of country of origin
- Are a resident generating income from rental activity
Fuster & Associates ensures you comply with these rules and stay informed about your taxpayer status.
Requirements and Necessary Documentation
To complete the declaration, you’ll need:
Foreigner's Identification Number (NIE)
The rental contract or booking details
Proof of rental income received
Invoices and receipts for deductible expenses (cleaning, maintenance, etc.)
Cadastral reference of the property
Rental Income Declaration Process
1. Collect documentation for the rental period
2. Calculate income and deductions
Non-residents may deduct some costs if EU-based
3. Prepare Form 210 (for non-residents) or include in the annual return (for residents)
4. Submit the declaration electronically to the Spanish Tax Agency
5. Pay any tax due by the deadline
Common Mistakes and How to Avoid Them
- Not declaring short-term rental income
- Believing Airbnb or booking platforms handle the taxes
- Failing to deduct eligible expenses
Fuster & Associates helps avoid these issues with proactive management and ongoing guidance tailored to each client.
Benefits of Professional Advice from Fuster & Associates
Avoid fines and delays
Ensure full tax compliance
Maximize deductible expenses
Receive guidance in your native language
Our team ensures your rental income is declared correctly, saving you time and reducing financial risk.
Let Us Handle the Process for You!
At Fuster & Associates, we have a team of immigration experts with extensive experience in processing the Spanish Income Tax Return. We know how to avoid common mistakes in document submission, ensuring that each application meets all the necessary requirements to maximize the chances of approval. From document collection to filing appeals in case of denial, we handle everything so you can enjoy your new life in Spain stress-free.
If you are planning to settle in Spain in areas such as San Juan de los Terreros, Pulpí, Los Alcázares, La Zenia, Teulada, and Finestrat, our firm has strategically located offices to provide you with a personalized and close service. We have in-depth knowledge of the consular and administrative procedures specific to each region, ensuring a smooth and efficient process.
At Fuster & Associates, our team of immigration specialists will support you at every stage of the process to guarantee a successful application. From document preparation to handling appeals, we take care of everything so you can start your new life in Spain with peace of mind.
✉️ Contact us today and start living your new life in Spain with all the legal peace of mind you need.
FAQS
Frequently Asked Questions
Do I need to declare if I rent through platforms like Airbnb?
Yes. All rental income, regardless of the platform, must be declared by the property owner.
How often do I need to declare rental income?
Non-residents and residents declare annually.
Can I deduct expenses?
Yes, if you’re a resident or a non-resident EU citizen, certain expenses (repairs, insurance, utilities) may be deductible always prorratated for numbers of days rented.
What happens if I don’t declare rental income?
You may face penalties, surcharges, and interest for late or missing declarations.