Exceptional Building Plot with Approved License in Andratx
€3,480,000
Spain
Land
property type
5 days ago
listed
The Habio take
AI summaryThis impressive building plot in the exclusive Can Borras Urbanisation offers an approved project for your dream estate, with construction set to start in October 2025. Located above the charming Puerto de Andratx, this area is renowned for its stunning views and upscale living.
- coastal
- investment
- luxury
- new build
- quiet
Highlights
- Premium location in Can Borras
- 1,338 m² generous plot size
- Approved building license
- Construction commencement in October 2025
- High demand area with affluent neighbours
Worth knowing
- Construction timeline may be lengthy
- Requires investment for building project
Good fit for: Ideal for those looking to build a bespoke luxury home.
Lifestyle scores
- Beach
- 70
- Walkable
- 40
- Remote work
- 60
- Family
- 50
- Retirement
- 70
- Airport access
- 85
- Investment
- 80
- Luxury
- 90
- Value
- 65
About this place
Discover an outstanding opportunity to create your dream estate in one of Mallorca’s most desirable locations. Situated in the exclusive Can Borras Urbanisation above Puerto de Andratx, this unique building plot offers an excellent setting with an approved building license allowing construction to begin in October 2025. The generous 1,338 m2 plot is designed to accommodate […]
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
