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 the potential Wealth 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.

How is the annual municipal tax (IBI) calculated in Marbella?

The Impuesto sobre Bienes Inmuebles (IBI) is a local tax paid to the Ayuntamiento de Marbella. It is calculated by applying a municipal percentage rate to the property’s cadastral value (valor catastral), which is the official administrative value and is typically 30% to 60% of the market price.

In 2026, Marbella’s IBI rates generally fluctuate between 0.4% and 0.8% of the cadastral value, depending on the specific urban zone and property type. Owners should also budget for the ‘Basura’ (waste collection tax), which is a fixed annual fee based on the property’s size and use.

What is Modelo 210 and ‘imputed income’ tax?

Modelo 210 is the tax form used by non-residents 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).

According to the Agencia Tributaria, imputed income is generally quantified as 2% of the building’s assessed cadastral value. A reduced rate of 1.1% may apply to properties whose cadastral values were reviewed after 1 January 2012. This theoretical income is then taxed at a flat rate: 19% for residents of the EU/EEA and 24% for residents of other countries (e.g., UK, USA).

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

The Impuesto sobre el Patrimonio (Wealth Tax) is a tax on net wealth. In Andalusia, the regional government has implemented a 100% bonus for taxpayers whose assets are valued under EUR 2,000,000, effectively eliminating the regional Wealth Tax for the vast majority of property owners.

However, the state-level Impuesto Temporal de Solidaridad de las Grandes Fortunas (ITSGF), or Solidarity Tax, remains active. As detailed by the Junta de Andalucía, this tax applies to fortunes exceeding EUR 3,000,000. If your global net wealth (including the Spanish property) exceeds this threshold, you must file a return and pay the corresponding state levy.

Running Cost Example: EUR 1,000,000 Marbella Villa

To understand the actual impact, consider a villa with a market value of EUR 1,000,000 and a cadastral value of EUR 400,000.

Tax Component	Calculation Basis	Estimated Annual Cost
IBI (Municipal)	0.5% of EUR 400,000	EUR 2,000
Imputed Income (IRNR)	2% of 400k $\times$ 19% tax	EUR 1,520
Waste Collection (Basura)	Fixed fee (Villa)	EUR 400
Community Fees	Variable (Est. EUR 150/mo)	EUR 1,800
Total Estimated Cost		EUR 5,720

Note: This example assumes EU residency. Non-EU residents would pay 24% on the imputed income, increasing the IRNR cost to approximately EUR 1,920.

Summary of Non-Resident Tax Deadlines 2026

Maintaining a clean tax record is critical for avoiding penalties from the Agencia Tributaria.

• IBI & Basura: Paid annually, usually via direct debit or in installments between April and November.
• Modelo 210 (Imputed Income): Due by 31 December for the preceding tax year.
• Modelo 210 (Rental Income): Due quarterly (April, July, October, January).
• Wealth Tax / ITSGF: Due by 30 June for the previous calendar year.

For those managing complex portfolios or high-net-worth assets, the interaction between regional bonuses and state solidarity taxes can be intricate. Ensuring your cadastral values are up to date is the most effective way to avoid overpaying on both IBI and imputed income.

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.