Spacious Plot with Project Approval near Porto Cristo
€395,000€8,778/m²
Porto Cristo, Porto Cristo, Spain
3
bedrooms
2
bathrooms
45 m²
interior
21 m²
plot
Land
property type
2 weeks ago
listed
The Habio take
AI summaryThis generous plot of 21,476 m² includes an approved project, ideal for those wanting to create their dream home. Located just minutes from Porto Cristo and Cala Mendía, it offers access to beautiful beaches and local amenities in east Mallorca.
- beach
- coastal
- investment
- new build
- quiet
Highlights
- Large plot size of 21,476 m²
- Project and licensing already approved
- Close proximity to Porto Cristo and Cala Mendía
- Opportunity to build a personalised home
- Quiet, natural surroundings
Worth knowing
- Limited internal area of 45 m² in current project
- Developers may face construction delays
Good fit for: Ideal for buyers looking to build their own home in a tranquil setting.
Lifestyle scores
- Beach
- 80
- Walkable
- 40
- Remote work
- 60
- Family
- 50
- Retirement
- 70
- Airport access
- 70
- Investment
- 75
- Luxury
- 65
- Value
- 85
About this place
Are you looking for a plot of land in the east of Mallorca, just minutes from Porto Cristo and Cala Mendía? Then this is your opportunity.
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
