Historic Villa with Large Urban Plot in Palomares
€215,000€973/m²
221 m²
interior
1,616 m²
plot
Villa
property type
29 Jul 2026
listed
The Habio take
AI summaryThis historic villa combines 221 m² of traditional construction with a large 1,616 m² urban plot, presenting a canvas for renovation or development. Located in the heart of Palomares, this property offers significant potential for both personal and investment purposes.
- investment
- renovation
- garden
- quiet
Highlights
- Historic house with original structure
- Large urban plot for development
- Perfect for bespoke renovations
- Strategic location in village centre
- High potential for investment
Worth knowing
- Requires comprehensive renovation
- Urban development regulations may apply
Good fit for: Ideal for buyers looking to create a personal project or investors exploring development opportunities.
Lifestyle scores
- Beach
- 40
- Walkable
- 70
- Remote work
- 50
- Family
- 60
- Retirement
- 60
- Airport access
- 50
- Investment
- 75
- Luxury
- 30
- Value
- 65
About this place
This exceptional property features a historic house of 221 m², retaining a solid and authentic structure that provides a perfect starting point for a comprehensive renovation. The substantial urban plot measures 1,176 m² and is classified for urban development, which allows for engaging in extensive gardening or constructing additional homes.
Encompassing a total of 1,616 m² of land, this listing is ideal for buyers looking to create a bespoke residence or for investors seeking opportunities in a strategic village location. The combination of the old house and the large plot is a rare find on the market, catering to those with grand visions for a residential project or a high-potential investment.
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.
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
