Spacious Townhouse for Renovation with Views in Montuïri
€345,000
Montuïri, Balearic Islands, Spain
Townhouse
property type
3 weeks ago
listed
The Habio take
AI summaryThis spacious townhouse in Montuïri presents a unique renovation opportunity, nestled in a charming village setting. Ideal for those looking to create a bespoke home while enjoying a picturesque backdrop.
- countryside
- renovation
- historic
Highlights
- 378 m² of living space
- Renovation project included
- Opportunity to personalise
- Located in a charming village
- Potential for stunning views
Worth knowing
- Requires extensive renovation
- Limited immediate amenities in village
Good fit for: Best suited for buyers seeking a renovation project in a quaint village setting.
Lifestyle scores
- Beach
- 0
- Walkable
- 65
- Remote work
- 50
- Family
- 60
- Retirement
- 70
- Airport access
- 50
- Investment
- 65
- Luxury
- 40
- Value
- 75
About this place
Located in the heart of the picturesque village of Montuïri, this extraordinary townhouse offers an exciting opportunity for renovation. Spanning 378 m², the property allows for the fusion of historical charm with modern living, making it a blank canvas for creating a bespoke home of timeless elegance.
The property is sold in its current state, which includes a renovation project already in place, providing an excellent foundation for transformation. With its unique characteristics and potential for customisation, this residence is not just a house but a chance to create a personal sanctuary amidst a beautiful locale.
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
