Development Plot for Multifamily Homes in Alaior, Menorca
€550,000
Alaior, Menorca, Spain
Land
property type
Today
listed
The Habio take
AI summaryThis generous plot of 3,851 m² in Alaior offers the opportunity to develop up to 26 dwellings across 10 multifamily plots. Located in the scenic region of Menorca, this site is primed for a residential development project.
- investment
- new build
- countryside
Highlights
- 3,851 m² plot size
- Potential for 26 dwellings
- Located in Alaior, Menorca
- Flexible zoning for multifamily homes
- Ideal for residential development
Worth knowing
- Limited details on local infrastructure
- No utilities or services mentioned
Good fit for: Ideal for developers looking to capitalise on the Menorcan housing market.
Lifestyle scores
- Beach
- 60
- Walkable
- 30
- Remote work
- 40
- Family
- 50
- Retirement
- 55
- Airport access
- 65
- Investment
- 75
- Luxury
- 50
- Value
- 70
About this place
Offering a substantial land area of 3,851 m², this plot falls under an Actuation Unit comprising 14.69% of the development area. You can maximise your investment with the potential to construct up to 26 dwellings, with an average size of 140 m² across 10 multifamily plots.
Situated in Alaior, Menorca, this location presents an excellent opportunity for those seeking to engage in residential development in a region known for its rich history and beautiful scenery. The layout and zoning also allow for significant flexibility in how the homes are designed and constructed, making this an appealing prospect for future investors and developers.
Where you’ll be
Alaior, Menorca, Spain
Location is approximate — exact address is confirmed by the agent.
Open in Google MapsBuying 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
