Annual Property Taxes for Non-Residents in Spain (IBI, Modelo 210, Wealth Tax) 2026

Non-resident property owners in Spain face three primary annual tax obligations: the municipal IBI, the national non-resident income tax (IRNR) on imputed income, and, for larger estates, the Wealth Tax or state Solidarity Tax. For most owners in Marbella, the most surprising cost is the imputed income tax, where the state taxes you on the theoretical value of using your own home even when it sits empty. This guide sets out the 2026 rates, deadlines and the Andalusia-specific Wealth Tax position, including the change to the regional bonification that took effect from 2024.

How is the annual municipal tax (IBI) calculated?

The Impuesto sobre Bienes Inmuebles (IBI) is a local tax paid to the town hall where the property sits. It is calculated by applying a municipal percentage rate to the property’s cadastral value (valor catastral), the official administrative value set by the Catastro and typically 30% to 60% of market price. Understanding how that value is derived is the first step to checking whether your IBI bill is fair, as we explain in our guide to Catastro and cadastral value.

In 2026, urban IBI rates in Marbella and across the Costa del Sol generally fall between 0.4% and 0.8% of the cadastral value, depending on the specific urban zone and property type, within the band set by the Ley de Haciendas Locales. Owners should also budget for the basura (waste collection) charge, a fixed annual fee based on the property’s size and use. IBI is usually paid annually, via direct debit or in instalments, between April and November.

What is Modelo 210 and the imputed income tax?

Modelo 210 is the tax form non-residents use to pay the Impuesto sobre la Renta de no Residentes (IRNR). If you do not rent your property out, you are still liable for tax on imputed income (renta imputada), a notional yield the state assumes you earn from owning the property. The full mechanics of the IRNR regime, including how rental income is declared, are set out in our IRNR guide.

According to the Agencia Tributaria, imputed income is generally quantified as 2% of the building’s cadastral value as shown on the IBI receipt. A reduced rate of 1.1% applies to properties whose cadastral values were reviewed through a general collective valuation procedure effective from 1 January 2012, reflecting the closer alignment of those values to market. This theoretical income is then taxed at a flat rate: 19% for residents of the EU, Iceland and Norway, and 24% for residents of all other countries (including Liechtenstein, the UK and the USA), per the Agencia Tributaria’s published IRNR rate table. The Modelo 210 form was updated by Orden HAC/623/2026 of 12 June 2026, which revised the approved self-assessment models for IRNR.

Does the Wealth Tax apply to non-resident owners in Andalusia?

The Impuesto sobre el Patrimonio (Wealth Tax) is a tax on net wealth, ceded to Spain’s autonomous communities. In Andalusia, taxpayers whose net assets exceed EUR 2,000,000 must file a Wealth Tax return, per Article 37 of Ley 19/1991 read with the Andalusia-specific Ley 5/2021. The state minimum exempt is EUR 700,000, so only wealth above that figure enters the tax base. The detailed thresholds and the interaction with the ITSGF are covered in our Wealth Tax guide.

The regional bonification has changed. The blanket 100% bonus under Article 25 bis of Ley 5/2021, which ran for the 2022 and 2023 tax years, is no longer applied from 2024 onward. In its place, Disposicion Transitoria 5a of Ley 5/2021 (introduced by Ley 12/2023 for the 2024 budget) provides a bonification equal to the difference between the Wealth Tax quota and the ITSGF quota that would otherwise be due. The practical effect for most owners is unchanged: if your net wealth is below the ITSGF threshold of EUR 3,000,000, the bonification offsets your entire regional Wealth Tax liability, so you pay nothing in Andalusia. You must still file a return if your net assets exceed EUR 2,000,000.

How does the state Solidarity Tax (ITSGF) work?

The Impuesto Temporal de Solidaridad de las Grandes Fortunas (ITSGF) is a state-level wealth tax created by Ley 38/2022 of 27 December. Although initially framed as temporary (for 2022 and 2023), it has been extended to 2026 and functions as a permanent levy in practice. It applies when a taxpayer’s net wealth exceeds EUR 3,000,000, per the Agencia Tributaria. The full annual timetable for every non-resident filing is in our property tax calendar.

For non-residents filing under obligation real (only Spanish-situated assets counted), the base is reduced by a EUR 700,000 minimum exempt. The ITSGF is filed on Modelo 718, updated by Orden HAC/652/2026 of 26 June 2026, between 1 and 31 July of the year following the accrual date. In Andalusia, a taxpayer who files the ITSGF does not also pay the regional Wealth Tax, because the DT 5a bonification offsets the regional quota against the state one.

Running cost example: EUR 1,000,000 Marbella villa

To show the actual impact, consider a villa with a market value of EUR 1,000,000 and a cadastral value of EUR 400,000, held by an EU-resident owner who does not rent it out.

Tax component	Calculation basis	Estimated annual cost
IBI (municipal)	0.5% of EUR 400,000	EUR 2,000
Imputed income (IRNR)	2% of EUR 400,000 at 19%	EUR 1,520
Waste collection (basura)	Fixed fee (villa)	EUR 400
Community fees	Variable (est. EUR 150/month)	EUR 1,800
Total estimated cost		EUR 5,720

A non-EU resident would pay 24% on the imputed income instead of 19%, raising the IRNR line to roughly EUR 1,920 and the total to about EUR 6,120. Neither figure includes Wealth Tax or ITSGF, which only bite above the EUR 2M and EUR 3M thresholds respectively. A property with a higher cadastral value, or one in a municipality levying closer to the 0.8% IBI ceiling, can push annual holding costs toward EUR 12,000.

Summary of non-resident tax deadlines 2026

Maintaining a clean tax record is critical for avoiding penalties from the Agencia Tributaria. The deadlines below apply to the 2025 tax year, filed in 2026.

• IBI and basura: paid annually, usually via direct debit or in instalments between April and November.
• Modelo 210 (imputed income): due by 31 December for the preceding tax year.
• Modelo 210 (rental income): due quarterly in April, July, October and January.
• Wealth Tax (Andalusia, regional IP): due by 30 June for the preceding calendar year, in the same window as the IRPF filing period.
• ITSGF (Modelo 718, state): due between 1 and 31 July for the preceding calendar year.

For those managing complex portfolios or high-net-worth assets, the interaction between the Andalusia DT 5a bonification and the state ITSGF can be intricate. Ensuring your cadastral value is current is the single most effective way to avoid overpaying on both IBI and imputed income, since both taxes key off that figure.

This guide is general information, not legal or tax advice. Rules change and individual circumstances differ. Verify current requirements with an independent lawyer (abogado) or tax advisor (gestor/asesor fiscal) before acting.