Residential Plot For Sale In Benalmadena
€8,500,000
Andalusia, Spain
1
bedroom
1
bathroom
Land
property type
1 week ago
listed
About this place
Exceptional Investment Opportunity: Prime Plot for Hotel or Aparthotel Development on the Costa del Sol This incredible 16,513 m² plot offers a unique opportunity to develop a luxury hotel, aparthotel, or a specialized sports hotel on an existing premium base. With over 11,500 m² of buildable space. . Strategically located just steps away from the prestigious Torrequebrada Golf Course, designed by José Gancedo, and only 1.2 km from the beautiful beaches of the Costa del Sol. The plot is: - 8 minutes from Benalmádena Costa center - 20 minutes from Málaga Airport - 25 minutes from Marbella This is a rare and profitable investment opportunity in one of the most sought-after areas of the Costa del Sol.
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
