Residential Plot For Sale In Elviria
€1,995,000
Andalusia, Spain
1
bedroom
1
bathroom
Land
property type
1 week ago
listed
About this place
Great opportunity to acquire a huge plot with a project for 7 villas in the heart of Santa María, in Elviria. The plot is located in a quiet street, surrounded by green areas yet only 5 minutes to the bustling area of Elviria and 15 minutes to the center of Marbella, making it an area in high demand. Maximum buildability: 30% Maximum occupancy: 25% Please contact us for more info about this unique property.
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
