Estimate how much income tax you'll pay on your Spanish rental income, and which reduction applies to your net rental income.
The default 50% applies: the contract is after 26 May 2023 and doesn't meet the requirements for the higher reductions (90%, 70%, or 60%).
Rental income is declared as capital inmobiliario income. Deductible expenses (interest, conservation, IBI, community fees, insurance, amortisation...) are subtracted from gross income to get net income, on which the applicable reduction is applied before taxing the result at your marginal IRPF rate.
This calculator provides an indicative estimate and does not constitute tax, legal, or financial advice. Results depend on the inputs used and general assumptions; consult a professional before filing your tax return.