Residential Plot For Sale In Vélez-Málaga
€805,000
Andalusia, Spain
1
bedroom
1
bathroom
Land
property type
1 week ago
listed
About this place
Two urban plots for sale in Almáyate with a total surface area of 945 m², marketed jointly, representing an excellent investment opportunity in a rapidly growing area of the municipality of Vélez-Málaga. The plots have a preliminary project (anteproyecto) for the construction of multi-family residential housing, in accordance with the current municipal planning regulations of Vélez-Málaga. They are classified as CTP-1 Urban Land, allowing for the development of a residential project with strong profitability potential. Located in a शांत and well-connected area, just a few minutes from the beach and with easy access to services, shops, and main transport routes, these plots offer ideal conditions for developers and investors looking to build a residential development on the Costa del Sol. The indicated price does not include taxes or expenses. The purchase will be subject to Property Transfer Tax (ITP) at 7%, in addition to notary fees (approx. 0.3%–0.5%) and Land Registry fees (approx. 0.1%–0.3%) calculated on the purchase price. The amounts provided are for information purposes only and may vary depending on each specific case. For this property, the approximate costs will be: Property Transfer Tax (7%): €56,350 Notary: between €2,415 (0.3%) and €4,025 (0.5%) Land Registry: between €805 (0.1%) and €2,415 (0.3%) The purchase of this property does not entail any real estate agency fees for the buyer.
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


