Five-Bed Finca for Renovation with Approved Pool in Algaida
€750,000
5
bedrooms
30,200 m²
plot
Farm
property type
1 week ago
listed
The Habio take
AI summaryThis charming finca offers five bedrooms and has approved plans for renovation, including a swimming pool. Located in the picturesque village of Algaida, Mallorca, it provides a tranquil setting to create your dream home.
- countryside
- renovation
- historic
- garden
- pool
Highlights
- Approved renovation licence
- Stunning views from elevated position
- Five spacious bedrooms
- Large plot of 30,200 m²
- Expansive outdoor terrace and pool
- Historic charm with modern potential
Worth knowing
- Requires full renovation
- Remote location may limit access to amenities
- Finca's age may entail additional maintenance considerations
Good fit for: Ideal for buyers seeking a renovation project with ample space and scenic surroundings.
Lifestyle scores
- Beach
- 40
- Walkable
- 35
- Remote work
- 50
- Family
- 65
- Retirement
- 75
- Airport access
- 60
- Investment
- 70
- Luxury
- 65
- Value
- 80
About this place
This historic finca, built in 1890, is positioned on elevated land, ensuring stunning views over its expansive 30,200 m² plot. With a total constructed area of 570 m², it comes with full renovation licencing and approved plans for a swimming pool.
The proposed project features a spacious lower level of 160 m², which includes a living room, dining area, kitchen, and three bedrooms, each with an en-suite bathroom, as well as a guest toilet and a 25 m² garage. The first floor will comprise another 70 m² with two additional en-suite bedrooms and a terrace.
In addition to the extensive terrace of 280 m² and the 35 m² swimming pool, there is also the potential to install a water well, making this a remarkable opportunity for those looking to put their personal touch on a generously sized property.
What this place offers
- swimming pool
- garden
- terrace
- garage
Where you’ll be
Algaida, Mallorca, 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
