Residential Plot For Sale In Manilva
€700,000€1,403/m²
Andalusia, Spain
1
bedroom
1
bathroom
499 m²
interior
Land
property type
1 week ago
listed
About this place
Situated in an elevated position just above the Mediterranean Sea and a short distance away from the renowned resort of Sotogrande, this residential plot boasts the most incredible panoramic views. Set within a new urbanisation close to the coast, this spacious plot has an approved license for a 387m2 (of which 149m2 terraces) villa built over two floors with private pool. The allowed max build percentage is 33% in the area so a 500m2 build plus basement would be possible if desired. The maximum allotted footprint would be 25% or 378m2. The plot would transact with ITP (7%), not IVA (21%). A plot with incredible potential due to the unrivalled panoramic views to the sea, the bay of Estepona, Gibraltar and the African coastline. Close to the beach and the amenties of Sotogrande, La Duquesa, Sabinillas & Estepona. Comes with an approved license and selling with ITP.
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
