The recent ruling by the Spanish National Court (3630/2025) has led to several new tax deductions that may be claimed for the upkeep of your rental property in Spain. If you would like to know more about this new law, read our article: Non-EU Investors in Spanish Real Estate: Are There Any Tax Benefits?
Otherwise, here are the specifics on what you can start deducting now, and if you have been keeping your receipts, you can request complimentary rectifications for your past tax filings going back four years.
- Repair and maintenance expenses;
- Taxes and fees, such as the IBI (Property Tax) or municipal levies for garbage collection, cleaning, or street lighting, are deductible. However, penalty surcharges are never deductible, so keep your payments up-to-date;
- Mortgage interest resulting from early repayment: only the interest, never the principal of the loan;
- Expenses related to formalizing the rental agreement, such as those of the real estate agency or the lawyer who assisted you in the process;
- Utilities and community fees. Although most tenants usually pay these, you may have agreed otherwise with yours. You can include them in your tax return as deductible expenses;
- Insurance premiums for the property you rent out can also be deductible expenses, provided you pay them as the owner;
- Depreciation of real estate, which is 3% of the cadastral value, excluding the land value. If you rent the apartment furnished, you can also deduct the cost of furnishings and appliances. In this case, the annual rent will be 10% of the total rent for a maximum period of 20 years.
The 3630/2025 ruling offers numerous positive tax benefits for non-EU residents and establishes a new precedent for jurisprudence in Spain moving forward.
Please let us know if you have any specific questions. We are happy to explore them in a post or speak with you directly.
Ipso Facto Law 
Deja un comentario