1 bedroom Commercial Property for sale in Playa Flamenca, Alicante, Spain

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Property marketed by Inmo Investments

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Unique investment opportunity. For sale is this shop, located on the first floor in the shopping center "La Mosca". The shop offers a total floor area of 112m2 and a covered but open outside terrace of 17m2. Ideal investment premises with rents of up to 900€ per month. The premises were used as a jewelry shop and most recently as a mattress shop. Situated in the heart of Playa Flamenca, the shopping center built in 2005 has become a reference point for the establishment of a supermarket, bank, restaurants, mini golf course, and several shops. Contact Inmo Investments today for your viewing appointment and don't miss out on this opportunity to open your own business or buy this as an investment.

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Property Features

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1 bedroom
1 bathroom
112m² Build size
Terrace
Air conditioning
Disabled access
Renovated
Walking Distance to Amenities
Walking Distance to Beach
Ground floor toilet with shower
Prestigious Area

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

15,000€

Final Payment of 90% on completion

162,000€

Property Purchase Expenses

Property price

180,000€

Transfer tax 8%

14,400€

Notary fees (approx)

600€

Land registry fees (approx)

600€

Legal fees (approx)

1,500€

* Transfer tax is based on the sale value or the cadastral value whichever is the highest.

** The information above is displayed as a guide only.

Mortgage Calculator

Mortgage Amount:

180,000€

Deposit:

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Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.