Marbella approves tax incentives for rent-limited housing

Source publication: 3 November 2026

Marbella City Council reported on 3 November that the municipal assembly had approved tax changes intended to encourage homes offered at capped rents. The measure provides 75% to 95% ICIO construction-tax relief for certain developments, provided they meet the ordinance conditions and obtain the required municipal approval.

The announced reform also extends a 50% IBI property-tax reduction to homes under this scheme and removes the five-year limit applied to protected housing. The release separately lowers the differentiated IBI rate for high-value leisure and hospitality properties from 1% to 0.82%. It does not specify the effective date or the full application procedure, so owners should verify the ordinance and their individual eligibility before relying on the relief.