Residential Plot For Sale In Torrox
€330,000
Andalusia, Spain
1
bedroom
1
bathroom
Land
property type
5 days ago
listed
About this place
Plot for Sale in Torrox – Excellent Investment Opportunity Urban plot for sale in Torrox with a total surface area of 740 m², with the possibility of being divided into 3 independent plots, each with its own project. Ideal for developers and investors looking to build multiple homes in a high-demand area. Located in a quiet and well-connected area, the plot offers great potential for appreciation and residential development. Key features: Total surface area: 740 m² Possibility to divide into 3 plots
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
