Residential Plot For Sale In Elviria
€475,000
Andalusia, Spain
1
bedroom
1
bathroom
Land
property type
6 days ago
listed
About this place
This plot is located in the desirable area of Elviria, Marbella. The total surface area is 1,012 m², and has a building area of 20%, which, according to the Town Hall regulations (UE-4) would permit a spacious, detached villa with a footprint area of 25% and a total buildable area of 20% so a villa of more than 200 m2 can be built. The price includes the project and approved building licence (which would only need updating), meaning construction can begin immediately.
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
