Spacious Land Plot for Development in Santa Margalida
€675,000
Santa Margalida, Baleares, Spain
56,396 m²
plot
Land
property type
4 Aug 2026
listed
The Habio take
AI summaryThis expansive buildable land in Santa Margalida spans 56,396m², offering a unique opportunity for investors or individuals looking to create a rural retreat. Situated in Mallorca, it features elevated views of Alcudia Bay and potential for multiple property developments.
- investment
- countryside
- quiet
Highlights
- Large plot of 56,396m²
- Potential for two to three properties
- Elevated position with bay views
- Low traffic rural road location
- Investment opportunity for resale
- Permitted build coverage at maximum limit
Worth knowing
- Requires planning permissions for development
- May involve higher upfront costs for construction
Good fit for: Ideal for investors or those seeking to build a custom home in a peaceful location.
Lifestyle scores
- Beach
- 70
- Walkable
- 30
- Remote work
- 50
- Family
- 40
- Retirement
- 60
- Airport access
- 60
- Investment
- 75
- Luxury
- 55
- Value
- 65
About this place
This buildable land for sale in Santa Margalida, Mallorca, comprises a group of ten rustic plots totalling 56,396m². The land can be subdivided into two or three areas, allowing for the construction of up to three properties, subject to license applications. The area permits construction coverage of between 2% and 3% of the total land area, with this property allowing for development at the maximum limit permitted in Mallorca.
The central part of the plots is elevated, providing distant views of Alcudia Bay, making it an attractive spot for either a large private residence or small rural projects aimed at resale. Located on a quiet rural road with minimal traffic, it offers both tranquillity and potential for development in a beautiful part of Mallorca. Santa Margalida itself sits at the heart of a low flat valley leading to the bay of Alcudia and is renowned for its unique wetlands, a vital feeding ground for migratory birds in the Western Mediterranean.
Where you’ll be
Santa Margalida, Baleares, 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
