Plot in Torrox
€480,000
Torrox, Málaga, Spain
8,397 m²
plot
Land
property type
Today
listed
About this place
Plot of land with a started construction of house and garage (+20yrs) and a 900.000l water tank contructed at the top of the plot, with concrete walls and concrete road, fantastic panoramic views of tamango hill
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
