Residential Plot For Sale In Cancelada
€1,600,000€1,420/m²
Andalusia, Spain
1
bedroom
1
bathroom
1,127 m²
interior
Land
property type
6 days ago
listed
About this place
Please read full information! Commercial - Residential, urbanizable plot for investors located in the Cancelada area, close to numerous golf courses and the famous Villa Padierna hotel. Within walking distance of shops and restaurants, just a few minutes from the beach. Available for sale: approximately 1,290 m2 plot - 752 m2 buildable area at €1,600,000 - 6 APARTMENTS. Available for long-term lease: approximately 710 m2 for commercial use - 375 m2 buildable area, rental price upon request. Total buildability: 1,127.07 m2. Use: Residential / Commercial. Type: PM. ESTIMATED SURFACE AREA TABLE Buildable m2 MAXIMUM BUILDABILITY 1,127.07 GROUND LEVEL RESIDENTIAL USE ground floor RESIDENTIAL USE first floor RESIDENTIAL USE second floor PENTHOUSE (X 2) (X 2) (X 2) 249.00 249.00 254.00 COMMERCIAL USE GROUND FLOOR 375.00 TOTAL ABOVE GROUND AREA 1,127.07 GROUND LEVEL (not computable) RESIDENTIAL PARKING use 500.00 COMMERCIAL PARKING use 400.00 TOTAL UNDERGROUND AREA 900.00 SWIMMING POOL USE 75.00
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
