Residential Development Plot with Permit in Binissalem
€652,000
678 m²
plot
Land
property type
4 Aug 2026
listed
The Habio take
AI summaryThis plot in Binissalem comes with a residential construction permit and an approved project, ideal for developing eight apartments and commercial space. Nestled on the edge of this historic village, it lies just minutes from local amenities and enjoys excellent transport connections to Palma.
- investment
- historic
- walkable
- quiet
- countryside
Highlights
- Approved project for 8 apartments
- Commercial outlet on-site
- Located on the edge of historic Binissalem
- Strong community and local amenities
- Great transport links to Palma
- Ideal for immediate development
Worth knowing
- Potential noise from the nearby commercial area
- Limited green space on-site
Good fit for: Best suited for developers seeking a quick investment return in a culturally rich location.
Lifestyle scores
- Beach
- 40
- Walkable
- 75
- Remote work
- 60
- Family
- 65
- Retirement
- 70
- Airport access
- 70
- Investment
- 75
- Luxury
- 50
- Value
- 80
About this place
This residential plot for sale in Binissalem boasts a construction permit with an approved project for eight apartments, a garage, and a commercial outlet. The site is situated on the edge of the village's historic centre, only a short walk from various amenities.
The approved project includes plans for a basement garage spanning 807.98 m², accommodating 21 parking spaces and 8 storage units. The ground floor is dedicated to commercial use, covering 678.82 m², while the first and second floors, measuring 675.82 m² and 674.82 m² respectively, are designed for four apartments each.
Binissalem is an authentic Mallorcan village located around 25 minutes from Palma by car or train, known for its stunning golden stone architecture and as the wine capital of Mallorca. It is characterized by a strong sense of community, rich culture, and provides a balance of village life and investment opportunity, with robust demand for residential properties. This plot is ready for immediate construction, making it an attractive prospect for developers seeking a quick turnaround.
Where you’ll be
Binissalem, Baleares, 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
