How much tax do I pay on my holiday home in Mallorca?

That depends on the cadastral value, type of use and tax residency. Self-use example: cadastral value €200,000, municipality with revision from 2012 (1.1%), EU/EEA resident, sole owner, full year. Tax: €200,000 × 1.1% × 19% = €418 per year. For someone resident outside the EU/EEA: €200,000 × 1.1% × 24% = €528. In both cases, a manageable annual tax — the cadastral value is typically well below the market price. Rental example: the same property is let for 90 days in summer for a total of €45,000. An EU/EEA resident with €18,000 in deductible time-apportioned expenses pays 19% on €27,000 = €5,130. A resident outside the EU/EEA pays, under current legislation, 24% on €45,000 gross = €10,800. For rental income, the amounts reach a different order of magnitude. With mixed use (90 days rental + 275 days self-use), both calculations apply — two separate declarations required. The actual amount depends on the specific cadastral value, which can be established from the IBI assessment. Fiscaro calculates the tax automatically in the wizard based on the cadastral value entered.