Large Urban Plot in Newly Developed Felanitx Area
€510,000€8,361/m²
Felanitx, Felanitx, Spain
2
bedrooms
2
bathrooms
61 m²
interior
842 m²
plot
Land
property type
2 weeks ago
listed
The Habio take
AI summaryThis expansive urban plot in Felanitx offers 860 m² of potential for development. Set in a growing area, it is perfectly positioned to take advantage of the vibrant local community and beautiful Mallorca surroundings.
- investment
- new build
- quiet
- family
Highlights
- Generous plot size of 860 m²
- Newly developed area with potential for growth
- Suitable for constructing a family home or investment property
- Close to Felanitx's local amenities and services
Worth knowing
- Limited immediate amenities due to ongoing development
- Requires planning and construction efforts
Good fit for: Ideal for developers or buyers looking to build a custom home.
Lifestyle scores
- Beach
- 50
- Walkable
- 50
- Remote work
- 60
- Family
- 70
- Retirement
- 65
- Airport access
- 70
- Investment
- 75
- Luxury
- 45
- Value
- 80
About this place
Urban plot of 860 m2 in an area with new developments in Felanitx.
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
