Commercial Property for sale in El Verger, Alicante, Spain

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Ref: SV2480

Property marketed by Signature Villas SL

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Attention investors! Industrial business for sale in Vergel. The property consists of 767 m2, is distributed over two floors and is located on a 5,600 m2 plot. On the ground floor there is a workshop area, offices, warehouse, reception and services. On the upper floor, which we access by a wide external staircase, we find a living room and 15 apartments with a full kitchen, a full bathroom. Some have a small balcony. At the back of the building there is an area with a horse riding arena, stables and gardens. Where we have access to several storage rooms and a warehouse area. The property is located in an industrial zone. It is currently fully operational, so it is a good business opportunity. Close to all services and amenities. Ask us without obligation!

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Property Features

0 bedrooms
0 bathrooms
767m² Build size
5,600m² Plot size
Near Beach
newly built
close to all amenities

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

197,000€

Final Payment of 90% on completion

1,800,000€

Property Purchase Expenses

Property price

2,000,000€

Transfer tax 8%

160,000€

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:

2,000,000€

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* 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%.