Residential Plot For Sale In Marbella
€3,400,000
Andalusia, Spain
1
bedroom
1
bathroom
Land
property type
1 week ago
listed
About this place
A unique purchasing opportunity, as this is the only development plot still available in Marbella's Old Town. Urban plot, with a consolidated urban development classification according to the 1986 General Urban Development Plan (PGOU). Currently, a building permit is in force for a building consisting of commercial premises and six residential units. The permitted height is ground floor, plus two floors, plus an attic. The plot has a surface area of 319 m2, with access from two streets. Unbeatable location, in the heart of the historic center, between the famous Plaza de los Naranjos and the Church of the Encarnación
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.
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
