Land 134 м² in Medzegra, Italy

893 876 $

6 670 $ /м²

4OTJK

Land 134m² in Italy, Medzegra. Priced at 750000€ rent photo- #1

Land 134m² in Italy, Medzegra. Priced at 750000€ rent photo- #2

Land 134m² in Italy, Medzegra. Priced at 750000€ rent photo- #3

Land 134m² in Italy, Medzegra. Priced at 750000€ rent photo- #4

Land 134m² in Italy, Medzegra. Priced at 750000€ rent photo- #5

Area

134 м²

Plot of land for sale with license to build apartments in Palma de Mallorca, Spain

We present you a plot for sale in Molinara, Palma, Mallorca. This is a unique offer for those who dream of own business in sunny Spain or just looking for a profitable investment.The plot is located in the picturesque area of Molinar, just 5 minutes walk from the beach. This is an ideal location for those looking for peace and tranquility, but also want to be close to the city infrastructure. There are stores, restaurants, bars and other social infrastructure close to the plot.The plot already has a license to build four apartments. This is a great opportunity for those who want to start a business in Spain or just buy a property to rent out.Each apartment will have an area of about 100 square meters and will consist of two bedrooms, two bathrooms, living room and kitchen. The apartments will be designed in a modern style and will be equipped with everything you need for a comfortable stay.This plot is an ideal place for those who want to start a business in Spain or just to buy a property to rent out.In addition, this plot is a great investment for those who want to buy real estate in Mallorca. This area is very popular with tourists, which ensures a high demand for rental properties.Do not miss the opportunity to purchase this plot with a license to build 4 apartments in Molinara, Palma, Mallorca. This is a rare opportunity to start a business in Spain or simply to acquire a profitable investment

Additional details

Property type

Investment

Publication

From the Agent

Object type

Land

Price

893 876 $

Location

By the Sea

FAQ

In Italy a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Medzegra; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

Banks in Italy finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.

Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.

A title search at the land registry of Italy takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.

Yes. Rental income tax is 5–25% depending on the regime. In Medzegra short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Yes. An inspection costs about 0.5–1% of the price (893 876 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

A typical transaction runs 30–90 days, averaging 45 in Medzegra: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).