Residential Plot For Sale In Manilva
€950,000
Andalusia, Spain
1
bedroom
1
bathroom
Land
property type
1 week ago
listed
About this place
FOR INVESTORS ONLY—LAND-BANK FOR FUTURE DEVELOPMENT AT A VERY ATTRACTIVE PRICE An exceptional opportunity to acquire a plot with the potential to be divided and developed into 4 villas of approx. 300m each or alternatively up to 8 villas / townhouses of approx. 165m each, plus a basement, within the next 2–3 years. Located in Chullera Park, an urbanization currently undergoing ratification and redevelopment, this area will soon offer proper roads, green spaces, and modern infrastructure. After years of legal uncertainty and unfinished basic infrastructure preventing development, an agreement has now been reached between developers, residents, and the town hall to transform the entire Chullera area through a multi-phase redevelopment plan. This particular plot is part of the first phase of the project and is situated in the highest section of the area, ensuring optimal sun exposure and breathtaking sea views. While development is not yet possible, this presents a prime investment opportunity to secure a position in a structured redevelopment plan with a clear completion timeline and exit strategy. Residential Plot, Manilva, Costa del Sol. Garden/Plot **4000 m². Setting : Suburban. Orientation : South. Location : Excellent. Pool : Room For Pool. Views : Sea, Mountain, Panoramic, Urban. Category : Investment.
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


