Spacious Building Land with Finca Project in Costitx
€670,000€2,264/m²
Costitx, Costitx, Spain
4
bedrooms
4
bathrooms
296 m²
interior
30 m²
plot
Farm
property type
2 weeks ago
listed
The Habio take
AI summaryThis generous building land in Costitx, Mallorca, includes a project with a building license for a stunning two-storey finca. Offering expansive views over vineyards and mountains, this plot allows for the construction of a substantial home with four bedrooms and a pool.
- countryside
- family
- investment
- rural
Highlights
- 30,143 m² plot size
- Building license included
- Potential for 296 m² finca
- Own vineyards on site
- Fantastic views
- 5 minutes to Costitx village
Worth knowing
- Car necessary for access to local amenities
- Public electricity connection required
Good fit for: Ideal for buyers looking to create a customised family retreat or investment property.
Lifestyle scores
- Beach
- 30
- Walkable
- 40
- Remote work
- 50
- Family
- 70
- Retirement
- 65
- Airport access
- 60
- Investment
- 75
- Luxury
- 60
- Value
- 80
About this place
This generous building plot is located in Costitx, between Inca and Sineu in the centre of Mallorca. Currently, there is a casita and own vines on the property. The present project allows the extension to a dreamlike finca over two floors with pool. Hereby a constructed area of approx. 296 sqm with four bedrooms, four bathrooms, a generous living/dining area, a kitchen with space for a cooking island as well as an own bodega can be created. There is a license too start immediately. The outside area offers a fantastic view of the own vineyards, the surrounding landscape and mountains. A small oasis can be created here with a pool and a pretty pergola. Regarding the water supply, an application for a licence for an own well has already been made. A connection to the public electricity grid is possible and can be implemented quickly. The village of Costitx can be reached in approx. 5 minutes by car and has a small selection of cafes and bars as well as small shopping facilities, a pharmacy, etc. All other facilities for daily needs are about 15 minutes away in Inca. Please do not hesitate to contact our FIRST MALLORCA team for further information and an appointment to view the property.
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
