Breaking: Holiday rental owners in Spain face new property tax surcharge of up to 150%
Holiday rental owners in Spain could face a major increase in their annual property tax under new rules officially published […]
Municipal councils in Spain's housing crisis zones have the authority to impose IBI property tax surcharges of up to 150% on holiday rentals, as outlined in Royal Decree Law 29/2026 published in the BOE on October 7. The surcharge depends on the number of tourist properties owned; owners with two or more may face up to 100% surcharge, and those with four or more may see a maximum of 150%.
The surcharge only applies if the property is residential, used for tourist accommodation under local regulations, located in a stressed residential market area, and the town hall decides to impose the surcharge through its municipal tax ordinance. The measure aims to encourage residential use and increase affordable housing supply, with the surcharge set to become effective on December 31 and calculated annually.
However, the specific application of the 150% surcharge will vary by municipality, and further parliamentary validation is pending.
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