Building Plot with Approved Luxury Villa Project in Son Vida
€1,250,000€1,687/m²
Son Vida, Son Vida, Spain
5
bedrooms
6
bathrooms
741 m²
interior
2 m²
plot
Villa
property type
2 weeks ago
listed
The Habio take
AI summaryThis exclusive 2,163 m² building plot in Son Vida comes with an approved luxury villa project, making it an ideal opportunity for those looking to create their dream home. Located in a prestigious and tranquil residential area, it combines natural surroundings with high-quality living.
- luxury
- quiet
- countryside
- investment
Highlights
- 5-bedroom, 6-bathroom luxury design
- 741 m² internal area for spacious living
- Approved building licence ready for immediate construction
- Nestled in a peaceful, nature-filled environment
- Prestigious location in Son Vida
Worth knowing
- Construction costs and timelines still to be considered
- Buyer must be prepared for development process
Good fit for: Perfect for buyers wanting to build a luxury custom home in a serene setting.
Lifestyle scores
- Beach
- 30
- Walkable
- 50
- Remote work
- 70
- Family
- 60
- Retirement
- 75
- Airport access
- 60
- Investment
- 80
- Luxury
- 85
- Value
- 70
About this place
Located in the prestigious residential area of Son Vida, this high-quality building plot is set in a peaceful, nature-surrounded environment. The property is offered for sale together with a fully developed architectural project and an approved municipal building licence, allowing construction to begin immediately.
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
