Residential Plot For Sale In Cancelada
€650,000€581/m²
Andalusia, Spain
1
bedroom
1
bathroom
1,118 m²
interior
Land
property type
1 week ago
listed
About this place
Spacious 1,118 sqm Plot for Sale in Cancelada An excellent opportunity to acquire a prime 1,118 sqm plot,of land in the growing area of Cancelada, perfectly positioned between Marbella and Estepona. This south-facing plot offers a fantastic canvas for building a luxury villa in one of the Costa del Sol's most desirable residential zones. The total buildability available is 330sqm. You are able to walk into to Cancelada Village, and the beach and you only a 10-minute drive to Estepona and 15 minutes to Marbella Architectural plans already in place for a modern villa (available upon request) Previous building license granted – now expired, but can be renewed with updated submission Flat terrain with convenient access and strong development potential This is a rare opportunity for developers or private buyers to step into a partially prepared project in a highly sought-after location. With plans ready and utilities nearby, this plot offers a head start on creating a beautiful home or investment property. Note: Building license has expired and will need to be renewed by the buyer.
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
