Large Elevated Plot for Luxury Villa on New Golden Mile
€975,000€1,950/m²
New Golden Mile, Málaga, Spain
500 m²
interior
3,135 m²
plot
Land
property type
3 Aug 2026
listed
The Habio take
AI summaryThis expansive plot of 3,135m² offers a buildable area of 500m² and breathtaking views of the sea and mountains. Situated on the prestigious New Golden Mile in Málaga, it is conveniently located near beaches and essential amenities.
- beach
- luxury
- investment
- new build
Highlights
- Large plot of 3,135m²
- Buildable area of 500m²
- Unobstructed panoramic sea views
- Close to beach and amenities
- Located in prestigious New Golden Mile
- High quality urban environment
Worth knowing
- Car likely needed for daily errands
Good fit for: Ideal for buyers looking to build a luxury villa in a tranquil setting.
Lifestyle scores
- Beach
- 80
- Walkable
- 50
- Remote work
- 60
- Family
- 70
- Retirement
- 80
- Airport access
- 70
- Investment
- 75
- Luxury
- 85
- Value
- 70
About this place
This large elevated plot, sized at 3,135m², is ideal for constructing a luxury villa. With a buildable area of 500m², plus additional space for basements and porches, it allows for significant design flexibility.
The plot provides unobstructed panoramic views to the south-west, showcasing the beauty of Gibraltar, Morocco, and the surrounding mountains. It is located just 2km from the beach, ensuring easy access to coastal pleasures, while being close to great restaurants, supermarkets, hospitals, and schools.
Nestled within the serene La Panera area of the New Golden Mile, the location is marked by high-quality urbanisation filled with luxury villas. It is conveniently located about 10 to 12 minutes from Puerto Banus, a hot spot for dining and entertainment. All essential services are already in place, making this a prime spot for your dream home.
Where you’ll be
New Golden Mile, Málaga, Spain
Location is approximate — exact address is confirmed by the agent.
Open in Google MapsBuying 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.
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
