land in Covas Novas (Mercadal)
€420,000
Covas Novas (Mercadal), Menorca, Spain
1,200 m²
plot
Land
property type
Today
listed
About this place
Fantastic opportunity to purchase building plots with guaranteed sea views, located in one of the quietest and most exclusive developments on the north coast of Menorca.
In Coves Noves you will enjoy a luxurious environment, with all paved streets, pavements, street lighting and all services completed and at the foot of the plot, ready to start building without restrictions to obtain a building permit.
Just a few minutes away you will find the well-known beaches of Son Saura and Arenal d'en Castell, the marina of Addaia where you can moor your boat, and Menorca's only golf course in Son Parc.
Prices from €420,000
Key features:
There is the possibility of building a single dwelling per plot or several depending on its surface area, obtaining the number of dwellings that can be built by dividing the surface area of the plot by 600.
Buildability: 35%
Maximum height: Ground floor + 1
Minimum façade: 15 m
Maximum occupancy: Ground floor 30% | First floor 15%
Setbacks: 5 m from the street, 3 m from boundaries
An exceptional location for your future home or property investment in Menorca, with sea views and bordering on the other side of the road with rustic land.
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Where you’ll be
Covas Novas (Mercadal), 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
