Building Plot with Submitted Project in Llucmajor Town Centre
€250,000
4
bedrooms
3
bathrooms
184 m²
plot
Land
property type
7 Jun 2026
listed
The Habio take
AI summaryThis building plot in Llucmajor offers an exciting opportunity with a submitted project for two independent apartments. Conveniently located within walking distance to the town centre, it provides easy access to local amenities and services.
- city
- investment
- new build
- walkable
Highlights
- Plot size: 187 m²
- Submitted project for two independent apartments
- Well-connected location
- Short walk to Llucmajor town centre
- Potential for rental income
Worth knowing
- Limited plot size for larger developments
- No immediate construction timeline
Good fit for: Ideal for investors or developers looking for a central plot.
Lifestyle scores
- Beach
- 40
- Walkable
- 80
- Remote work
- 60
- Family
- 50
- Retirement
- 65
- Airport access
- 70
- Investment
- 75
- Luxury
- 50
- Value
- 70
About this place
This attractive property is located in a well connected area of Llucmajor within walking distance to the town center. The plot measures 187 m² and a project has already been submitted for the construction of two independent apartments.
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
