Large Sports Plot with Investment Potential in Llucmajor
€2,700,000€6,000/m²
Llucmajor, Llucmajor, Spain
5
bedrooms
5
bathrooms
450 m²
interior
14 m²
plot
Land
property type
2 weeks ago
listed
The Habio take
AI summaryThis expansive 13,506 m² plot in Las Palmeras is designated for sports use, making it ideal for developing various sporting facilities. Located in Llucmajor, a thriving region of Mallorca known for its extensive outdoor spaces and recreational activities, the site offers significant investment opportunities.
- investment
- quiet
- countryside
Highlights
- Covers 13,506 m² for sports development
- Designated for various sporting facilities
- In a growing area with investment potential
- 450 m² of internal area available
- Close to urban amenities and transport links
Worth knowing
- No detailed planning permissions mentioned
- Development costs may be considerable
Good fit for: Ideal for investors or organisations seeking to develop sports facilities.
Lifestyle scores
- Beach
- 50
- Walkable
- 20
- Remote work
- 40
- Family
- 30
- Retirement
- 20
- Airport access
- 60
- Investment
- 80
- Luxury
- 25
- Value
- 65
About this place
Plot of 13.505 m2 for sports use in the urbanisation of Las Palmeras. Special for sports facilities, area with many investment possibilities.
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
