Residential Plot For Sale In Torremuelle
€495,000
Andalusia, Spain
1
bedroom
1
bathroom
Land
property type
1 week ago
listed
About this place
The plot falls within the urban planning area in Torremuelle, The plot is designated for the construction of detached villas, subject to the required planning permissions. Key features: * Calle Alpujarras 24 Torremuelle * Urban residential environment * Located in an established residential area * Plot size approx. 5.400 m2 * Possibility for the development of 3 villas * The final section of the access road and utility connections still need to be completed An interesting opportunity for an investor to develop in a quiet location yet close to amenities, beaches, and international connections.
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
