Modelo 210 for a Finca on Mallorca — what applies?

A finca on Mallorca is generally subject to the same IRNR rules as any other Spanish property — villa, apartment or townhouse. What matters is the cadastral value, the type of use and the owner's tax residency. Fincas often have a cadastral value significantly below the market price — the imputed tax is therefore generally modest. In many Mallorca municipalities, the imputation rate of 1.1% frequently applies due to more recent cadastral revisions (DA 55 LIRPF / AEAT Manual Renta 2025 §7.3.4). Whether the 1.1% or 2.0% rate actually applies depends, however, on the specific valuation date of the municipality concerned — the IBI assessment is the authoritative reference. For self-use or vacancy: imputed income under the standard formula, deadline 31 December of the following year (tax year 2025; from tax year 2026, changed deadlines apply per Orden HAC/623/2026). For holiday rental: generally mixed use with two declarations — one for rental income, one for self-use days. The holiday rental licence (Llicència turística) is separate from tax law — it governs tourism regulations, not the IRNR obligation.