Approved Villa Project on Spacious Plot in Port Andratx
€3,480,000€4,439/m²
Puerto de Andratx, Puerto de Andratx, Spain
5
bedrooms
5
bathrooms
784 m²
interior
1 m²
plot
Villa
property type
2 weeks ago
listed
The Habio take
AI summaryThis expansive plot in Can Borras boasts an approved building licence for a stunning villa project featuring five bedrooms and five bathrooms. Located in the prestigious Port Andratx, you'll enjoy both Mediterranean charm and modern luxury in an area renowned for its beauty and exclusivity.
- luxury
- investment
- new build
- coastal
Highlights
- Approved building licence
- Generous plot size of 1,338 m²
- Expansive internal area of 784 m²
- Exclusive modern Mediterranean design
- Situated in an upscale community
Worth knowing
- Construction timeline may vary
- No immediate move-in option
Good fit for: Ideal for buyers looking to create a luxurious family home or investment in a prime location.
Lifestyle scores
- Beach
- 80
- Walkable
- 60
- Remote work
- 70
- Family
- 65
- Retirement
- 75
- Airport access
- 75
- Investment
- 85
- Luxury
- 90
- Value
- 65
About this place
Located in the sought-after area of Can Borras, Port Andratx, this attractive plot comes with a fully approved building license for an exclusive villa project. The planned villa will offer approximately 784 m² of built area, featuring 5 bedrooms, 5 bathrooms, and an additional guest WC. The design combines modern architecture with Mediterranean charm, ensuring the highest level of comfort in one of Mallorca’s most prestigious locations.
Buying property in Spain
Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.
- 1
Get an NIE
Apply for the foreign-resident tax number at a Spanish consulate, police station, or via a representative with power of attorney.
- 2
Open a Spanish bank account
Needed for the deposit, taxes, mortgage payments, and utilities.
- 3
Engage an independent lawyer
Lawyer runs title, debts, planning, and community-of-owners checks — the notario will not.
- 4
Reservation contract
Small deposit (€3,000–€10,000) takes the property off the market while due diligence runs.
- 5
Sign the contrato de arras
Private purchase contract with a 10% deposit. If the buyer pulls out they lose it; if the seller pulls out they pay double.
- 6
Sign the escritura pública
Final public deed signed before a notario; balance and taxes paid; keys handed over.
- 7
Register the property
Lawyer registers the deed at the Registro de la Propiedad and arranges utility and IBI transfers.
Spain ended its Golden Visa property route in April 2025. Non-resident mortgages are widely available, typically 60–70% LTV. Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax. Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
