Re: Anual cost of maintaining a house in spain

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Anonymous
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Thanks for your reply Snowy,
So based on 2% a property worth 300,000 euros would carry a Tax burden of 1500 euros P.A.
If you were to let the house to family and friends for a few weeks a year, would any rental income declared on your non residents tax return, be taxed on top of the theoretical income ( 6000.00 euros ), or would it form part of it.
Also is the official value of the property ( valor catastral ) the price declared on purchase or some other valuation.
If it is the value at purchase it would be post 1994 and would that then be at 1.1%, thanks for your patience.
Chris.