Residential Plot For Sale In Cancelada
€475,000€417/m²
Andalusia, Spain
1
bedroom
1
bathroom
1,140 m²
interior
Land
property type
5 days ago
listed
About this place
Prime Buildable Plot in Estepona's Elite Area – Stunning Sea and Golf Views Near Hotel Villa Padierna! Discover this exceptional 1,140 m² plot with 260 m² of buildable area, nestled in one of Estepona's most prestigious zones, just 250 meters from the luxurious Hotel Villa Padierna. Boasting breathtaking panoramic views of the sparkling sea and lush golf courses, this parcel offers an unparalleled opportunity to create your dream home in a serene, high-end location. Key Features: Exclusive Location: Situated in a sought-after area, surrounded by natural beauty and proximity to world-class amenities. Development Potential: Part of a paused golf course project where parcels are already divided, with existing sewage infrastructure in place – ready for your vision. Infrastructure Notes: Streets are not yet paved, and water/electricity connections are pending, allowing for a competitive price point. Flexible Pricing: Attractively priced due to the project's status, with room for negotiation and open to offers – a smart investment for savvy buyers. Seize this rare chance to build in paradise at a negotiable value. Ideal for those looking to invest in prime coastal real estate with endless potential!
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
