Plot in Torrox
€169,000
- 434 m²
- Plot
- Land
- Type
- 2 days ago
- Listed
About this place
Excellent opportunity to acquire a building 434m2 plot in the sought-after area of El Peñoncillo, offering beautiful panoramic Mediterranean sea views.
The architectural project proposes a contemporary villa with approximately 219.37 m² of built interior space, distributed over three levels, plus a 9.30 m² covered terrace (228.67 m² including the terrace).
The design includes a private swimming pool, spacious outdoor terraces, and private parking with vehicle access from the upper road level. An outstanding opportunity to develop a modern coastal property in a privileged location, ideal as a luxury holiday home or an attractive investment.
Where you’ll be
Torrox, Málaga, Spain
Exact location is confirmed by the agent on enquiry.
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
