Residential Plot For Sale In The Golden Mile
€4,500,000
Andalusia, Spain
1
bedroom
1
bathroom
Land
property type
6 days ago
listed
About this place
Plot 2.952m2 with structure for 14 townhouse , located In Rio verde , the Golden Mile, the property have ease access to Puerto Banus, walking distance to the Beach. At 20 munutes away of Marbella , close to Puente Romano. Interesting investment project in the more enquiried location of Marbella
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
