Non-resident income tax (Modelo 210). Non-resident owners may owe tax on imputed income for the days a home is available for their own use, even if it produces no rent. The imputed income is 1.1% or 2% of the cadastral value, depending on the property’s cadastral history: ask your tax adviser which applies. The rate is 19% for tax residents of another EU country, Norway, Iceland or Liechtenstein, and 24% for everyone else, including residents of the United Kingdom since Brexit (Agencia Tributaria (opens in a new tab)). On a hypothetical cadastral value of €200,000, for a full year, that is about €418 (EU) or €528 (UK) a year at 1.1%, and €760 or €960 at 2%. Filed annually.
Rental income is taxed at the same rates; owners resident in the EU or EEA may deduct proportional expenses, others generally cannot.
IBI, the council tax, is set by Torrevieja at 0.4% of the taxable base derived from the cadastral value for urban property, as stated in the town’s 2026 budget report (Ajuntament (opens in a new tab)). It is not 0.4% of the price you paid. The municipal ordinance includes reliefs for large families and certain solar installations, subject to conditions. Ask for the latest IBI bill for any home you consider.
Community fees depend on the development and its services. Examples stated in idealista listings checked on 26 October 2026:
| Property | Monthly fee |
|---|---|
| Apartment, 80 m², Playa del Cura | €39 (opens in a new tab) |
| Apartment, 122 m², Playa del Cura | €70 (opens in a new tab) |
| Bungalow, 73 m², Los Balcones | €71 (opens in a new tab) |
If you plan to let the property. In the Valencian Community, tourist letting of a whole home for stays of up to ten days is regulated by Decreto-ley 9/2024 and subsequent amendments. Registration normally lasts five years, with renewal requiring a new responsible declaration and an updated favourable municipal planning report. A change of ownership after 8 August 2024 generally requires a new declaration and planning report, even for an already registered home. Inherited properties follow a simplified procedure, requiring a declaration of the change of ownership. The tourism operator must also hold appropriate civil liability insurance. Tourist letting of individual rooms is not allowed (Decreto-ley 9/2024 (opens in a new tab); Ley 5/2026 (opens in a new tab), article 194). Torrevieja publishes a specific procedure for the planning-compatibility report (Ajuntament (opens in a new tab)). Since April 2025, starting new holiday letting in a building with a community of owners also requires the prior approval of three fifths of the owners and of the ownership shares. Lets of eleven days or more fall outside that definition but are subject to other rules.
On sale, non-residents pay capital gains tax at 19% on the taxable gain; the buyer withholds 3% of the price as an advance payment, and is responsible for the municipal plusvalía as substitute taxpayer when the seller is a non-resident individual.
Inheritance. The Valencian Community provides a 99% reduction in the inheritance-tax liability attributable to declared assets inherited by close relatives in groups I and II. Non-resident heirs may also be able to apply Valencian rules, depending on the applicable territorial connection rules. Take advice.
General information, not advice. Rules change and each case differs. Confirm your position with a Spanish lawyer or tax adviser before you commit.
