Residential Plot For Sale In The Golden Mile
€2,290,000
Andalusia, Spain
1
bedroom
1
bathroom
Land
property type
1 week ago
listed
About this place
Residential Plot, Nagüeles, Costa del Sol. Garden/Plot 1426 m². Setting : Town, Close To Sea, Close To Town, Close To Schools, Urbanisation. Orientation : South. Views : Sea, Mountain. Category : Investment. The plot is in a small gated and very private urbanization, surrounded by green areas and has the Urban qualification of Exempt Single Family UE-4 (0.20) whose parameters referred to in the Partial Plan are the following: MINIMUM PLOT: 1,000 m2 BUILDABILITY: 0.20 m2t / m2s OCCUPANCY: 25% MAXIMUM HEIGHT: 2 Plants (7.00 m)
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
