Exceptional New-Built Finca in Scenic Santa Maria
€8,750,000
Spain
Farm
property type
4 weeks ago
listed
The Habio take
AI summaryThis remarkable finca, set on a generous 16,000 m² plot in Santa Maria, offers an impressive 823 m² of luxurious living space infused with traditional architectural charm. Located just a few kilometres from the town centre and 20 km from Palma, it presents a serene lifestyle close to vibrant urban amenities.
- luxury
- countryside
- investment
Highlights
- 16,000 m² plot with expansive space
- 823 m² of refined living area
- Blend of traditional and modern architecture
- Tranquil setting near Santa Maria town
- Approximately 20 km from Palma
Worth knowing
- Limited immediate amenities in the immediate vicinity
- Potential for ongoing construction nearby
Good fit for: Ideal for buyers seeking a luxurious retreat with modern comforts in a serene environment.
Lifestyle scores
- Beach
- 50
- Walkable
- 50
- Remote work
- 60
- Family
- 70
- Retirement
- 80
- Airport access
- 70
- Investment
- 75
- Luxury
- 90
- Value
- 60
About this place
In the tranquil and picturesque surroundings of Santa Maria, just a few kilometers from the town center and 20 km from Palma, this extraordinary project is taking shape on a generous 16,000 m² plot. Combining traditional architectural charm with modern luxury, the residence will offer a total of 823 m² of refined living space across […]
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
