Do you want to earn some money renting out your property in Spain?

Spain is a country which many people want to visit and spend holidays in.
Tourists come trying to find a good place for resting, enjoying the good weather, the beaches, the food, etc. But sometimes it is too expensive to book a hotel and especially when is a big family who comes for holidays.
This is the main reason why tourists who are renting properties here for some weeks to spend the holidays with their families also do not spend so much money in hotels.
For this reason it is a good idea for the non-resident people who have a property in Spain to put their properties to rent when they are not using them.

There are important things that you must know if you want to put your property to rent.
You need to get an official number from the Valencia´s Government which says that your house is registered and ready to be rented. You can get a fine if this register has not been done.

You have to report every three months to the Spanish tax office the time that your property has been rented and also the incomes you got for this. At the same time the costs that you had during the time the apartment was rented have to be reported to the authorities. The amount to be paid as a rental tax is 19% of the benefits that you earned.

Finally, there is another good point to rent out your property. The days that the apartment is rented will be deducted at the end of the year when it is the moment to present the non-resident annual tax.

From Noramar we can handle all of this work for you as tax advisers and help you with our experience.
If you want to get more information about renting out your property in Spain please contact us directly in our Facebook or email: and our tax advisers will answer you all the doubts.
You can also visit us. We are in Avenida Escandinavia 72, Noramar, local 3, ground floor, in Gran Alacant, Santa Pola.

Do not forget, we speak your language!