Residential Plot For Sale In Nagüeles
€4,400,000
Andalusia, Spain
1
bedroom
1
bathroom
Land
property type
6 days ago
listed
About this place
Exceptional south-facing double plot located in the prestigious residential area of Nagüeles, on Marbella's exclusive Golden Mile, bordering the sought-after Sierra Blanca community. This prime development opportunity is classified as urban land (UE-4), with a minimum plot size of 1,000 m² and a permitted building volume of 0.26 m²/m². The property includes an existing project for the construction of three contemporary luxury villas within an exclusive gated community, benefiting from access via two separate streets. Its privileged location, excellent orientation, and flexible development potential make it an outstanding investment opportunity in one of Marbella's most desirable and high-value residential areas. Just minutes from the beach, Marbella town centre, Puerto Banús, international schools, golf courses, and a wide range of luxury amenities, this is a rare chance to develop a premium residential project in one of the Costa del Sol's most prestigious addresses
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
