Santa Margalida, Baleares, Spain
Seafront Villa with Reform Potential in Santa Margalida
€1,400,000
€8,696/m²
- 3
- Bedrooms
- 1
- Bathroom
- 161 m²
- Interior
- 451 m²
- Plot
- Villa
- Type
- 4 Aug 2026
- Listed
The Habio take
This 3-bedroom villa in Son Serra de Marina offers a rare investment opportunity on the seafront of Mallorca. Located within the peaceful yet active setting of Santa Margalida, the property features options for major redevelopment or complete new construction.
- beach
- coastal
- investment
- renovation
- quiet
Highlights
- Seafront location
- Multiple redevelopment options
- Panoramic views possible
- Suitable for investment or personal use
- Access from beach and rear road
Worth knowing
- Property requires complete reform
- Limited amenities in immediate vicinity
Good fit for: Ideal for investors or buyers looking to create a bespoke coastal property.
Lifestyle scores
- Beach
- 85
- Walkable
- 60
- Remote work
- 50
- Family
- 60
- Retirement
- 65
- Airport access
- 70
- Investment
- 75
- Luxury
- 70
- Value
- 80
About this place
This villa in Son Serra de Marina requires complete reform and is situated on a seafront plot of approximately 451 m². Originally constructed in 1970, the property boasts a constructed area of approximately 161 m², which includes a 40 m² registered parking space and a 121 m² registered living space.
Buyers have multiple redevelopment options: reform and enlarge the existing structure up to 540 m², which could include adding a first-floor level with panoramic views of the beach and the Bay of Alcudia. Alternatively, there is the option for a complete removal and new construction of a luxury villa of similar size on the plot. The site can also be divided into two plots, allowing for the construction of two townhouses or four terraced townhouses of approximately 140 m² each, all benefiting from sea views and private parking.
Access to the property is convenient from both the beachfront and the rear road, making it suitable for either refurbishment or new development. This unique location offers serenity in a trendy resort that attracts surfers and adventure sports enthusiasts while maintaining a peaceful atmosphere during the evenings. Residents can easily access local beaches and natural attractions nearby, including Son Real beach and Sa Cànova beach.
Where you’ll be
Santa Margalida, Baleares, Spain
- Nearest airport
- Palma de Mallorca (PMI)
- 47 km
- Also close
- Mahón (Maó) (MAH)
- 86 km
- Nearest city
- Palma
- 52 km
Marker is the location supplied by the agency — approximate, and often deliberately so. The exact address is confirmed on enquiry. Distances are straight-line.
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
