Expansive Countryside Plot with Mountain Views in Binissalem
€1,995,000
Spain
Land
property type
3 weeks ago
listed
The Habio take
AI summaryThis large plot of 47,231 square metres in Binissalem provides an exceptional chance to create a bespoke estate. Located in Mallorca's renowned wine region, it offers stunning panoramic views of the Tramuntana mountains, surrounded by serene fields and vineyards.
- countryside
- investment
- quiet
- mountains
Highlights
- 47,231 square metre plot
- Scenic views of Tramuntana mountains
- Located in Mallorca's wine region
- Privacy and tranquillity
- Potential for bespoke estate development
Worth knowing
- Requires planning permission for development
- Access likely depends on road conditions
Good fit for: Ideal for buyers looking to create a private countryside retreat.
Lifestyle scores
- Beach
- 20
- Walkable
- 30
- Remote work
- 40
- Family
- 50
- Retirement
- 70
- Airport access
- 60
- Investment
- 75
- Luxury
- 60
- Value
- 65
About this place
Nestled in the heart of Mallorca’s celebrated wine region, this expansive 47,231 plot in Binissalem offers an exceptional opportunity to create a bespoke countryside estate amidst the island’s most authentic and tranquil surroundings. Framed by open fields, vineyards, and panoramic views of the majestic Tramuntana mountains, the property promises absolute privacy and natural beauty, all […]
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
