Spacious Rustic Finca with Rehabilitation Potential in Pollensa
€3,715,000€6,634/m²
Pollensa, Pollensa, Spain
4
bedrooms
4
bathrooms
560 m²
interior
965 m²
plot
Farm
property type
2 weeks ago
listed
The Habio take
AI summaryThis expansive finca offers 4 bedrooms and 4 bathrooms on a vast plot, perfect for those looking for a rustic retreat in Pollensa, Mallorca. Located in a privileged area, the property presents an excellent opportunity for renovation and potential customisation.
- countryside
- family
- investment
- renovation
Highlights
- 560 m² internal space
- 965,426 m² plot area
- 4 bedrooms and 4 bathrooms
- Opportunity for renovation
- Scenic views of the Mallorcan countryside
Worth knowing
- Car recommended for daily errands
- Semi-detached building requires rehabilitation
Good fit for: Ideal for buyers seeking a spacious rural retreat with renovation potential.
Lifestyle scores
- Beach
- 50
- Walkable
- 30
- Remote work
- 60
- Family
- 70
- Retirement
- 80
- Airport access
- 65
- Investment
- 75
- Luxury
- 65
- Value
- 70
About this place
Opportunity to acquire a rustic finca in a privileged area of Mallorca, this rustic finca has a semi-detached building to rehabilitate of 560m2 in one on a plot of 965.000m2.
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
