Reply To: Anual Cost of maintaining a house in Spain

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Anonymous
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Hi Chris,

A theoretical income is deemed to arise, based (normally) on 2% of the official value (valor catastral)of any property you own in Spain that is not your main home and that is not rented out. This rate drops to 1.1% of the official value if this has been made or revised since 1994.

Hope this answers one of your questions.

Best wishes,

Snowy