Residential Plot For Sale In Mijas
€1,250,000€1,301/m²
Andalusia, Spain
1
bedroom
1
bathroom
961 m²
interior
Land
property type
6 days ago
listed
About this place
This residential plot offers a prime investment opportunity for developing up to five modern villas, all featuring panoramic sea views and situated near the charming Mijas Pueblo. The plot currently includes a 199m² property that can be renovated, with ample space for constructing four additional villas. Located just 1km from the heart of Mijas Pueblo, a picturesque Andalusian white village, this plot is ideal for investors aiming to create an exclusive residential community in a sought-after location.
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
