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Commercial Premises, Fuengirola, Costa del Sol.
Built 49 m².
Setting : Town, Commercial Area, Close To Port, Close To Shops, Close To Sea, Close To Town, Close To Schools.
Orientation : North West.
Condition : Good, Renovation Required, Restoration Required.
Views : Street.
Features : Courtesy Bus.
Utilities : Electricity, Drinkable Water.
Built 49 m².
Setting : Town, Commercial Area, Close To Port, Close To Shops, Close To Sea, Close To Town, Close To Schools.
Orientation : North West.
Condition : Good, Renovation Required, Restoration Required.
Views : Street.
Features : Courtesy Bus.
Utilities : Electricity, Drinkable Water.
Property Features
- 0 bedrooms
- 1 bathroom
- 49m² Build size
- good condition
- renovation needed
- close to town
- close to the sea
- close to shops
- close to port
- commercial area
- electricity
- water
- close to schools
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
7,600€
Final Payment of 90% on completion
95,400€
Property Purchase Expenses
Property price
106,000€
Transfer tax 10%
10,600€
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.