7 Bedroom Detached Villa For Sale In Cancelada
€1,500,000€2,924/m²
Andalusia, Spain
7
bedrooms
6
bathrooms
513 m²
interior
Villa
property type
1 week ago
listed
About this place
Large house in the centre of Cancelada with almost 4,000 m2 of land around it. The house is separated into three apartments (with different deeds), a large basement, swimming pool and irrigated field, currently used for fruit trees. It is particularly interesting as a project for investors who would like to make it into a small aparthotel or apartments for rent, or for someone interested in renovating it and converting it into a single large villa with its own plot in the center of the town. The plot itself is very interesting to build on and highly profitable due to its location.
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
