Spacious Finca for Renovation near Felanitx
€2,000,000
Spain
Farm
property type
3 weeks ago
listed
The Habio take
AI summaryThis expansive finca, totalling 967m2 of built area, offers a unique opportunity for renovation into a stunning farmhouse. Located close to Felanitx, known for its charming countryside and local culture, this property has significant potential for transformation.
- countryside
- renovation
Highlights
- Main building dates back to 1900
- Total built surface of 967m2
- Includes multiple farming buildings and sheds
- Set in the picturesque landscape of Felanitx
- Ideal for renovation to create a bespoke home
Worth knowing
- Requires extensive renovation
- Location may feel remote for some buyers
- Access to amenities in Felanitx may require a car
Good fit for: Ideal for those seeking a project in a tranquil rural setting.
Lifestyle scores
- Beach
- 30
- Walkable
- 30
- Remote work
- 50
- Family
- 40
- Retirement
- 60
- Airport access
- 20
- Investment
- 70
- Luxury
- 40
- Value
- 65
About this place
The main building (1) is dated in 1900, and has atotal buiding area of 390m2.The rest of the buildings are:Farming building (5):392m2.Farming shed (2):105m2.Farming shed (3&4): 25m2Covered space (6): 55m2All together add a total built surface of 967m2, perfectfor renovating into an idyllic farm house.
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.
- 1
Get an NIE
Apply for the foreign-resident tax number at a Spanish consulate, police station, or via a representative with power of attorney.
- 2
Open a Spanish bank account
Needed for the deposit, taxes, mortgage payments, and utilities.
- 3
Engage an independent lawyer
Lawyer runs title, debts, planning, and community-of-owners checks — the notario will not.
- 4
Reservation contract
Small deposit (€3,000–€10,000) takes the property off the market while due diligence runs.
- 5
Sign the contrato de arras
Private purchase contract with a 10% deposit. If the buyer pulls out they lose it; if the seller pulls out they pay double.
- 6
Sign the escritura pública
Final public deed signed before a notario; balance and taxes paid; keys handed over.
- 7
Register the property
Lawyer registers the deed at the Registro de la Propiedad and arranges utility and IBI transfers.
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
