Commercial Plot For Sale In New Golden Mile
€2,900,000€1,813/m²
Andalusia, Spain
1
bedroom
1
bathroom
1,600 m²
interior
Land
property type
1 week ago
listed
About this place
Strategic Commercial-Led Land Opportunity in Estepona Reinoso A rare opportunity to acquire a strategically positioned landholding in the Reinoso area of Estepona, close to the A-7 / CN-340 corridor and within a growing residential and commercial environment. The asset combines commercial land within the UEN-R35 "Comercial Reinoso" planning area with adjoining rustic land, creating a flexible opportunity for investors, operators or developers seeking a commercial-led project with potential for complementary uses. According to the available urban planning documentation, the commercial component benefits from a 0.4 m²t/m²s buildability ratio, with an estimated commercial buildable area of approximately 1,333 m² to 1,600 m², depending on the final land configuration and technical verification. The applicable C-2 commercial framework may allow a range of uses, including commercial, parking, administrative, educational, sports, healthcare, socio-cultural and, subject to confirmation, hotel use along the CN-340 corridor. Residential use may also be tolerated up to a limited percentage of the total buildability under the C-2 framework. This makes the site particularly suitable for a boutique commercial hub, wellness or medical centre, sports-related concept, service-led retail project, hospitality-supported concept or a carefully designed mixed-use scheme. The opportunity is especially relevant for buyers who understand the value of strategic positioning, planning upside and controlled development in Estepona, one of the Costa del Sol's most active growth markets. All development potential is subject to final technical, legal, planning and municipal verification by the buyer's appointed professionals.
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


