Stylish 1-Bedroom Loft Ideal for Creative Professionals in El Terreno
€690,000€2,654/m²
1
bedroom
2
bathrooms
260 m²
interior
Loft
property type
7 Jun 2026
listed
The Habio take
AI summaryThis spacious 260 m² loft in El Terreno combines modern design with functionality, making it perfect for an art gallery or creative studio. Located in a vibrant area known for its artistic community, this property boasts ample natural light through impressive front windows.
- city
- remote work
- investment
- renovation
Highlights
- Versatile space ideal for creative or professional use
- Recent renovation with modern finishes
- Expansive layout of 260 m²
- Sought-after location in El Terreno
- Potential for dual-purpose living and working
Worth knowing
- One bedroom may not suit larger families
- Limited traditional residential features
- Not a conventional home layout
Good fit for: Best suited for artists, entrepreneurs, or anyone needing a unique workspace.
Lifestyle scores
- Beach
- 50
- Walkable
- 70
- Remote work
- 80
- Family
- 30
- Retirement
- 40
- Airport access
- 60
- Investment
- 75
- Luxury
- 65
- Value
- 70
About this place
This property is ideal as an art gallery, design studio, co-working space, or law office. The premises have recently been renovated with a very modern and artistic design, offering a fantastic, spacious location. The entrance hall features impressive front windows that let in plenty of light.
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
