Residential Plot For Sale In Vélez-Málaga
€598,000
Andalusia, Spain
1
bedroom
1
bathroom
Land
property type
5 days ago
listed
About this place
Urban plot for sale in Vélez Málaga, situated in a strategic and well-connected area, with great potential for investment projects on the Costa del Sol. The plot has a land area of 4,030 m² and a buildable area of 1,007 m² spread over the ground floor and first floor, allowing for the development of functional projects suited to a variety of uses. This is a particularly attractive asset for investors, developers or companies looking to develop facilities in an area with established growth and demand. Permitted uses: • recreational and social • healthcare • educational • cultural • religious • green spaces • sports Thanks to its size and layout, this plot is suitable for projects such as educational centres, sports facilities, clinics, social spaces or wellness-oriented complexes. Located in Vélez Málaga, within a growing area on the Costa del Sol, it represents an excellent opportunity for property investment with medium- and long-term potential.
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
