Rustic Finca with 128 Hectares in Sa Casa Blanca, Palma
€12,500,000€4,166,667/m²
Palma de Mallorca, Palma de Mallorca, Spain
2
bedrooms
1
bathroom
3 m²
interior
128 m²
plot
Farm
property type
2 weeks ago
listed
The Habio take
AI summaryThis rustic finca spans 128 hectares near Palma, featuring approximately 3,000 m² of old buildings ripe for renovation. Positioned just minutes from Palma city centre, it offers both rural tranquility and urban convenience.
- investment
- renovation
- quiet
- historic
Highlights
- Extensive 128 hectares of land
- Proximity to Palma city centre
- Direct access from the highway
- Opportunity for renovation
- Versatile use of old buildings
Worth knowing
- Limited internal area of only 3 m²
- Only two bedrooms and one bathroom might be restrictive
Good fit for: Ideal for buyers looking for a substantial land investment close to urban amenities.
Lifestyle scores
- Beach
- 75
- Walkable
- 40
- Remote work
- 60
- Family
- 50
- Retirement
- 70
- Airport access
- 80
- Investment
- 85
- Luxury
- 65
- Value
- 30
About this place
Rustic finca for sale with 128 hectares located in Sa Casa Blanca, just minutes from Palma city center, with direct access from the highway. The property includes approximately 3,000 m² of old buildings, ideal for renovation and diverse uses.
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
