Exclusive urban plot 100 m from the sea in EL MOLINAR
€1,380,000
Spain
Land
property type
1 week ago
listed
About this place
Exclusive plot for sale in El Molinar - Palma de Mallorca
We present an exceptional urban plot of 178 m², located in one of the most prestigious and sought-after areas of Palma: El Molinar, in the first block from the sea.
The plot is located just 100 metres from the sea, with only eight properties between the plot and the coastline, ensuring a privileged location, open sea views and a direct connection to the maritime environment. Access to the plot is directly from the street, facilitating both architectural development and exclusive residential use.
Highlights:
-Urban plot of 178 m²
-First block from the sea
-Only 100 metres from the sea
-Sea views
-Only 8 properties between the plot and the coastline
-Direct access from the street
-Main façade 10.40 m
-Depth 17.20 m
-Rear setback 6 m
-High-demand and high revaluation area
-Ideal both for investment and exclusive private residence
Urban planning conditions:
-Urban regulations allow construction of ground floor + first floor + swimming pool
This property represents an excellent investment opportunity, ideal for developing a highly profitable project, as well as a perfect option for building a high-end single-family home in one of Palma's most valuable areas.
El Molinar is one of the most highly regarded areas due to its immediate proximity to the sea, authentic charm and Mediterranean lifestyle. The sea can be enjoyed without the need to travel: swimming areas, sandy beaches and rocky coves are just steps away.
Along the entire coastline runs a pleasant seafront promenade to S'Arenal, ideal for walking, running, skating or enjoying time with pets and loved ones. There is also a continuous cycling path along the coast.
The area is strategically located outside Palma's city centre yet very close to the city, with excellent public transport connections. Nearby there are parks, schools and a well-curated selection of seafront cafés and restaurants, perfect for enjoying unforgettable sunsets.
A unique property for those seeking location, exclusivity and long-term value.
Where you’ll be
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
