Options for an under performing Spanish golf estate apartment

[Jon Jaaback]

About a year ago I purchased a duplex penthouse apartment on a luxury golf estate near Mar Menor in Spain. Only after purchasing the property did I become aware of the fact that, as a non-EU resident, I have to pay tax on gross rental income. This makes the investment far less attractive than I originally thought. I don't have any equity in the property right now (probably slightly negative). Anyone else out there in a situation like this? Any clever ideas? Thanks