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Ref: IVD13548
Property marketed by InlandVillas Spain
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2 Bedroom Apartment and shop (or garage) for modernisation. First floor 2 bedroom, 1 bathroom apartment on the outskirts of Elda in need of modernising. This is a central apartment on the 1st floor (no lift) but it's also above a shop unit, which would make a good business premises, or could be converted into a garage, or even a living area, with an internal staircase to the apartment, making a duplex style apartment.
Walking distance to everything, and on the edge of a park, this apartment and shop does require modernising, but it's an incredible opportunity to come and start a small business, or to have a unique and large property with everything close by.
Walking distance to everything, and on the edge of a park, this apartment and shop does require modernising, but it's an incredible opportunity to come and start a small business, or to have a unique and large property with everything close by.
Property Features
- 2 bedrooms
- 1 bathroom
- 56m² Build size
- 56m² Plot size
- Fast Internet & Phone
- Mains Electric
- Mains Water
- Walking Distance To Town
- Walking Distance - Restaurant / Bar
- Not Furnished - By Negotiation
- Mains Sewerage
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
1,700€
Final Payment of 90% on completion
42,296€
Property Purchase Expenses
Property price
46,995€
Transfer tax 8%
3,760€
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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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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