Residential Plot For Sale In Torrox Costa
€275,000
Andalusia, Spain
1
bedroom
1
bathroom
Land
property type
5 days ago
listed
About this place
Prime Land for Sale with Sea Views and a Building License already in place to construct your own 3 bedroom villa and pool. A fantastic opportunity to own a double plot in a new up-and-coming urbanization, on Peñoncillo a short distance from the sea and beach! Spacious double plot in a growing, high-potential area with stunning seaviews. The building licence and approved plans are in place for a 3-bedroom villa with pool, basement and enclosed garage. The current plans are for a construction of 138m2 to live and 138m2 basement. The land has already been excavated ready for construction. Ideal for your dream home or as an investment. Plans available on request.
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
