Residential Plot For Sale In Estepona
€1,150,000€821/m²
Andalusia, Spain
1
bedroom
1
bathroom
1,401 m²
interior
Land
property type
1 week ago
listed
About this place
Strategically located next to the beach road in the rapidly developing Playa Bella area of Cancelada, this exceptional plot of urban land presents a superb development opportunity. The land boasts ideal zoning for a mixed-use project, permitting the construction of residential apartment blocks and a dedicated commercial area. Its prime location guarantees high visibility for commercial activities, while offering future residents immediate access to the beach and coastal amenities. Situated on the established New Golden Mile corridor between Marbella and Estepona, this asset is ideal for developers and investors seeking to meet the strong residential and commercial demand in the area. The potential of its layout allows for the seamless integration of modern apartments with ground-floor commercial premises or adjacent areas. For further details on building coefficients and regulations, please contact us directly.
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
