Water, electricity, home insurance, garbage and internet are fixed costs. In addition, the following taxes must also be paid annually:

• Property tax (IBI / Impuesto sobre Bienes Inmuebles): a municipal tax calculated based on the cadastral value.
• Income tax (Renta / Impuesto sobre la Renta de Personas Físicas): this tax is also calculated based on the cadastral value (19% for non-residents).

If your property is part of a complex or resort with common parts, community maintenance fees must also be paid.

We will provide an estimate of the annual maintenance costs of your Spanish property and will be happy to discuss these in detail with you.