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Ref: 5474
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.
Property Features
- View Video Tour
- 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.
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Spanish Property News & Updates by Spain Property Portal.com
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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.