Residential Plot For Sale In New Golden Mile
€975,000€1,950/m²
Andalusia, Spain
1
bedroom
1
bathroom
500 m²
interior
Land
property type
1 week ago
listed
About this place
LARGE PLOT FOR LUXURY VILLA Double Plot: 3,135m² Buildable: 500m² plus basement and porches Large elevated plot with unobstructed panoramic, south-western sea view to Gibraltar and Morocco and mountains. Close to beach (2km), great restaurants, supermarkets, hospital, schools etc. La Panera on the New Golden Mile between San Pedro and Estepona is a beautiful and peaceful area, only 10 to 12 minutes from Puerto Banus. High quality urbanisation with luxury villas. All services are in place. .
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
