Currently, renting a home can offer significant tax savings to owners on their income tax returns, provided certain requirements are met. Law 12/2023, the Housing Law, introduced a reform that allows for personal income tax deductions of up to 90% on rental income, making renting out a primary residence a fiscally attractive option.
In Spain, there are various, more or less well-known options or alternatives for buying and selling homes. One of these is the bare ownership sale. This option has gained popularity as a safe haven investment, with this type of transaction growing by 30% last year and attracting the interest of investment funds in this type of asset.
Decree-Law 5/2025, of March 25, introduces important tax changes, especially in housing-related taxes. It is currently awaiting review and approval by the Council of Statutory Guarantees. The most notable changes are:
