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Investing in new builds in Spain: rentals, licences and tax

What to check before buying a new home to let: tourist licences, community rules, and the tax on rental income for non-residents.

By Investidad advisory team · Last reviewed 16 Oct 2026

Before you buy to let

  • Whether a tourist licence is possible in that town and building.
  • The community statutes and any vote on tourist rentals.
  • Spain's tax on your rental income (IRNR): 19% for EU/EEA residents, 24% for others.

Developments to look at

Example image: new-build apartments with terraces and a shared pool
Off-plan
Example listing

Estepona · Costa del Sol

Azure Terraces

Two- and three-bedroom apartments with sea views, 500 m from the beach.

Bedrooms
2–3 beds
Built area
92–168 m²
Completion
Q2 2028
From €395,00030% at contract
Example image: new-build apartments with terraces and a shared pool
Off-plan
Example listing

Nueva Andalucía, Marbella · Costa del Sol

Nueva Andalucía Residences

Golf-valley apartments and penthouses a short drive from Puerto Banús.

Bedrooms
2–3 beds
Built area
115–198 m²
Completion
Q1 2028
From €690,00040% at contract
Example image: new-build apartments with terraces and a shared pool
Under construction
Example listing

La Cala de Mijas, Mijas · Costa del Sol

Cala Views

Sea-view apartments above La Cala, walking distance to the beach and village.

Bedrooms
1–2 beds
Built area
68–118 m²
Completion
Q2 2027
From €315,00030% at contract