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Fines for Landlords (Short term) in Spain who do not Register their Property

This article is prepared for us by our sister company, Comaskey Properties.

A couple of years back, the Spanish government decided that in order to promote hotels and tourism in Spain they would make the rental of property here to anyone who was not a family member illegal.

They saw sense but decided that the law would now say anyone renting a property in Spain short term needed to register the property.

There is good news and bad news.

First the good news; – it is free to register your spanish property for rental.

The bad news: failure to register your property can result in fines of up to 5,000 euro to you, the landlord.

More bad news, I think the Spanish government is looking to go after landlords and ensure that they are tax compliant and this is the first step along the way. Currently most landlords pay their non resident tax in Spain and pay tax on their rental income in their country of origin. This is no longer sufficient and they now need to pay income tax here or at the very least declare it. Income tax on Spanish rental income is not the subject of this post but it’s important to know the rules – please contact us on enquiries@spanishsolutions.net if you require more information.

The registration process is free. However, the form itself is long and complicated and guess what…. in Spanish!

Next, it must be presented in Alicante in person, not via mail or email, in person.

We have someone who will take all of our landlords documents to Alicante and fill in all of the relevant information and she is charging 50 euro plus IVA- good news, you can write this 50 euro off against rental profits!!

My advice whether you use Poli or you get it down elsewhere is just to get the paperwork filled in and avoid getting any fines. Do it today before they start handing out these fines.  If you ask Poli she will withhold the money from your next months income, meaning you don’t have to transfer the Johnny cash over.

It actually states that this registration number you will receive must be included on any advertising you do on your short term rental property in Spain so they are taking this seriously. 

 

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