Residential Plot For Sale In Selwo
€960,000
Andalusia, Spain
1
bedroom
1
bathroom
Land
property type
6 days ago
listed
About this place
Plot 4281m to build in Selwo Estepona Spain Price reduced to 960.000€ from 990.000€ .Easy building, great sea views to Gibraltar and Africa. The Selwo area is being actively developed these last few years and is in popular demand . Young families from various countries are choosing this new area for its location and the amenities close by.. A much needed called the American College is now open to welcome multilingual students. as well as an Orthodox church which will attract varrious nationalities in the area.. This plot is neighbour to 3 others which can be built as a private community. The size of the villa which can be built on the plot is 500m plus basement . Very peaceful residential area, superb views. The Selwo Animal Park is located nearby. The beach and various known restaurants and beach clubs are only a few minutes drive. Great opportunity to build your own house to your specifications and tastes. Perfect for developers and investors. Malaga airport is an hour drive from Selwo. Marbella centre only 15 minutes drive as well as Puerto Banus, and Estepona Centre.
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
