What taxes apply to property ownership in Marbella?
There are several taxes that may apply to property ownership in Marbella, including:

• Property tax (Impuesto sobre Bienes Inmuebles, or IBI): This is an annual tax levied by the local government on the ownership of real estate. The tax is based on the value of the property and is typically paid by the owner.
• Wealth tax (Impuesto sobre la Renta de No Residentes, or IRNR): Non-resident owners of property in Marbella may be subject to wealth tax on their worldwide assets, including their Marbella property. The tax is based on the net value of the assets, and is levied at progressive rates.
• Inheritance tax (Impuesto sobre Sucesiones y Donaciones, or ISD): This tax may apply to property inherited in Marbella, and is based on the value of the property and the relationship of the heir to the deceased.
• Capital gains tax (Impuesto sobre la Renta de las Personas Físicas, or IRPF): This tax may apply to profits made from the sale of a property in Marbella. The tax is levied at progressive rates and is based on the difference between the purchase price and the sale price of the property.

How are property taxes calculated in Marbella?
Property taxes in Marbella (IBI) are calculated based on the value of the property, as determined by the local government. The tax is typically paid annually, and the amount due is determined by multiplying the taxable value of the property by the applicable tax rate. The taxable value is typically based on the appraised value of the property, which is determined by the local government using a variety of factors such as location, size, age, and condition of the property.

Are there any tax deductions or exemptions available for property owners in
Marbella?
There may be some tax deductions or exemptions available to property owners in Marbella, depending on the specific circumstances of the owner and the property. For example, property owners who are over the age of 65 or who are disabled may be eligible for certain tax deductions or exemptions. It is important to consult with a tax professional or the local government to understand any potential deductions or exemptions that may apply to your situation.