Renting your home when you're not there.
Owning in Spain isn't just for your own use — done right, letting can carry a large share of the running cost.
What a rental year looks like.
Take a €260,000 apartment (roughly NOK 2.5m all-in). With ~40% equity, letting on a mixed short- and mid-term basis on the Costa Blanca typically nets €8,000–€14,000 a year after community fees, cleaning and management — enough to cover annual costs and often something on top.
Yield varies by region: Costa del Sol commands the highest weekly rates, Costa Blanca has the strongest year-round demand, Mallorca has the tightest short-let licensing.
Where you actually pay tax.
Rental income from a Spanish property is normally taxed in Spain, with a credit against your Norwegian tax under the double-taxation treaty. Non-residents from the EEA can deduct real costs (community, mortgage interest, cleaning, depreciation) and pay 19% on the net.
Norwegian tax follows the same rules that apply to Norwegian holiday homes, with the treaty credit applied. Your Spanish lawyer files locally; we can introduce a Norwegian accountant for the home-side filing.
Short-let licence, or long-term rental?
Some regions (notably Mallorca and central Málaga) restrict short-let licences. Elsewhere, obtaining a "Vivienda de Uso Turístico" number is quick. If short-let is the plan, we screen every project's community rules and regional licence status before you reserve.
Hands-off, or hands-on?
LoveSpain partners with local rental managers on every coast we cover. Full-service management typically runs 20–25% of gross rent, including cleaning, guest handover, key handling and monthly reporting.