Non-resident tax revenue in Spain’s province of Málaga has seen substantial growth, fueled by a booming local real estate market. According to the latest statistics from the Spanish Tax Agency, this income surged from €93.5 million in 2019 to €275 million in 2025, marking a 194% increase. Non-resident buyers currently make up 42% of all property purchases in the area, significantly higher than the national average of 20%.
Official Data Confirms Tax Surge
A report released by the Spanish Tax Agency reveals that Non-Resident Income Tax has become one of the fastest-growing taxes in Spain. In the province of Málaga, this revenue has seen a remarkable increase. Starting from a base of €93.5 million in 2019, it reached €275 million by 2025, an accumulated growth of 194%. This data comes directly from official Tax Agency statistics, without any speculation.
Rising Market Share of Non-Resident Buyers
Currently, non-resident buyers in Málaga hold a 42% market share, more than double the national average. Other data indicates that 67% of foreign property owners do not reside in Spain full-time. This structural shift has directly contributed to the growth in property-related tax revenue.
Economists Analyze Growth Drivers
Jorge Onrubia, an economist at the Complutense University of Madrid, points out: “The surge in non-resident income tax in Málaga is primarily due to the boom in foreign-owned real estate and the growth of the rental market. Higher property prices and stricter tax enforcement have further amplified this trend.” This viewpoint is based on an analysis of official data.
Combined Effect of Rental Demand and Stricter Oversight
Demand from foreign buyers is mainly for tourism and medium-term rentals, driving up rental prices. Strengthened tax oversight has also supported revenue growth. Under the combined effect of these factors, non-resident tax revenue in the province of Málaga has achieved steady growth. All information has been cross-verified from multiple sources.
