Spacious Finca for Renovation Project in Sóller
€1,380,500€2,301/m²
Sóller, Sóller, Spain
5
bedrooms
5
bathrooms
600 m²
interior
4 m²
plot
Farm
property type
2 weeks ago
listed
The Habio take
AI summaryThis expansive finca in Sóller presents a fantastic renovation opportunity with five bedrooms and five bathrooms across 600 square metres. Nestled in the scenic Tramuntana mountains, it's perfect for those seeking a blend of rustic charm and modern living in one of Mallorca's most picturesque towns.
- countryside
- renovation
- family
- investment
Highlights
- Large internal area of 600 m²
- Five bedrooms and five bathrooms
- Potential for custom renovations
- Located in the scenic Tramuntana mountains
- Attractive for both family living and investment
Worth knowing
- Requires extensive renovation
- Plot size is relatively small
Good fit for: Ideal for investors or buyers looking to create a personalised family home.
Lifestyle scores
- Beach
- 40
- Walkable
- 50
- Remote work
- 60
- Family
- 75
- Retirement
- 60
- Airport access
- 50
- Investment
- 70
- Luxury
- 50
- Value
- 65
About this place
Great renovation project in Sóller.
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
