Large Residential Plot with Sea Views in Valtocado
€1,800,000
- 1
- Bedroom
- 1
- Bathroom
- Land
- Type
- 3 Sept 2026
- Listed
The Habio take
This expansive residential plot in Valtocado offers stunning panoramic sea views and has planning permission to be subdivided into multiple smaller plots or luxury villas. Located close to Mijas Pueblo, the site is ripe for development in a desirable area of Costa del Sol.
- investment
- coastal
- new build
Highlights
- Large 46,760 m² plot
- Panoramic sea views
- Planning permission granted
- Potential to subdivide into 18 plots or 10 villas
- Close proximity to Mijas Pueblo
- Motivated seller with additional plots available
Worth knowing
- Infrastructure costs of approximately 1 million euros
- Current market trend may affect investment timing
Good fit for: Ideal for developers looking to create a luxury residential community.
Lifestyle scores
- Beach
- 70
- Walkable
- 50
- Remote work
- 60
- Family
- 70
- Retirement
- 80
- Airport access
- 80
- Investment
- 85
- Luxury
- 75
- Value
- 65
About this place
This impressive residential plot spans 46,760 square metres and boasts breathtaking sea views, positioned conveniently near Mijas Pueblo. It comes with a granted licence to split into 18 plots of 2,000 square meters each or 10 plots suitable for super villas, making it an ideal investment for developers.
The plot is classified as urban land, simplifying the development process and providing access to necessary infrastructure, which estimates around 1 million euros. The owner is motivated to sell, and there is potential to purchase an additional six plots from two other owners who are also eager to sell. This opportunity presents a unique chance to create a stunning residential community in a sought-after area of the Costa del Sol.
Where you’ll be
Valtocado, Andalusia, 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
