Customisable Five-Bed Villa Project in Marratxí
€1,500,000€2,820/m²
Marratxí, Marratxí, Spain
5
bedrooms
5
bathrooms
532 m²
interior
1 m²
plot
Villa
property type
2 weeks ago
listed
The Habio take
AI summaryThis unique opportunity in Marratxí allows you to complete a 532 m² villa with five bedrooms and five bathrooms, offering significant potential for personalisation. Ideally situated, Marratxí combines proximity to Palma with the tranquillity of residential life.
- luxury
- new build
- quiet
- countryside
Highlights
- Fully excavated and levelled plot
- Active building permit
- Opportunity for customisation
- Spacious internal area of 532 m²
- Five bedrooms and five bathrooms
Worth knowing
- Construction will require further investment
- Buyers must manage project completion
Good fit for: Ideal for buyers looking to create a personalised luxury home.
Lifestyle scores
- Beach
- 60
- Walkable
- 50
- Remote work
- 70
- Family
- 80
- Retirement
- 65
- Airport access
- 85
- Investment
- 75
- Luxury
- 80
- Value
- 70
About this place
This property in Marratxí is not just another house: it is an opportunity to shape a home from an already advanced project with enormous potential. The plot has been fully excavated and levelled, the structure and slabs are completed, and the building permit is active, allowing the new owner to continue construction without delays and finish it according to their own style.
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
