Spacious Plot with Finca Project in Peaceful Llubí
€1,200,000
Spain
Land
property type
3 weeks ago
listed
The Habio take
AI summaryThis large plot features a beautifully designed finca project, allowing for personalisation to suit your style. Located in the tranquil countryside of north-central Mallorca, it's an excellent opportunity for those looking to create their dream home in a serene setting.
- countryside
- investment
- new build
Highlights
- Large plot for custom home design
- Scenic rural location
- Flexible design options available
- Awaiting building licence
- Ideal for residential and investment use
Worth knowing
- Licence approval currently pending
- Requires construction before occupancy
Good fit for: Ideal for buyers seeking a personalised countryside retreat.
Lifestyle scores
- Beach
- 40
- Walkable
- 30
- Remote work
- 60
- Family
- 65
- Retirement
- 75
- Airport access
- 50
- Investment
- 70
- Luxury
- 55
- Value
- 80
About this place
An excellent opportunity to acquire a plot with a beautifully designed finca project in the peaceful north-central countryside of Mallorca. Offered at this stage and currently awaiting license, this is a chance to create a home tailored to your own style, with the flexibility to personalise certain elements of the design and finishes. There is […]
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
