land in Covas Novas (Mercadal)
€217,200
Covas Novas (Mercadal), Menorca, Spain
541 m²
plot
Land
property type
Today
listed
About this place
Discover a unique opportunity: fantastic building plots with guaranteed panoramic sea views, located in one of the quietest and most exclusive residential areas in Menorca.
In Coves Noves you will enjoy a luxurious environment, with paved streets, pavements, street lighting and all services at your doorstep, ready to start building without restrictions to obtain a building permit.
Just a few minutes away you will find the idyllic beaches of Son Saura and Arenal d'en Castell, the marina of Addaia and the prestigious Son Parc golf course.
Prices from €217,500
Key features:
Plot 33: possibility of building up to 2 independent homes
Plot 34: possibility of building up to 3 homes
Buildable area: 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
A privileged location for your future home or property investment in Menorca.
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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
