Residential Plot For Sale In Manilva
€2,300,000
Andalusia, Spain
1
bedroom
1
bathroom
Land
property type
1 week ago
listed
About this place
An exceptional development opportunity in the prestigious urbanization of Bahía Las Rocas, Manilva, offering outstanding southwest-facing views over the Mediterranean Sea and towards Gibraltar. Ideally positioned in the heart of the urbanization, the plot is surrounded by established residential developments, providing a mature and highly attractive setting. It offers the potential to develop approximately 11,137 m² of built area, comprising up to 31 townhouses, each arranged over three floors. The plot was previously granted a building licence, which has since expired. However, a new licence should be readily obtainable, allowing the development process to move forward efficiently. Bahía Las Rocas is one of Manilva's most established and sought-after residential developments. The urbanization comprises approximately 20 completed projects, all of which have been successfully built and sold, demonstrating strong demand and the proven commercial appeal of the area. The urbanization benefits from fully completed infrastructure, as well as a secure gated entrance, further enhancing its exclusivity and appeal to future residents. With its privileged location, panoramic southwest-facing views, established surroundings, and proven track record of successful residential developments, this plot represents a rare and compelling opportunity for residential development on 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
