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Marbella Centre
Rare and fantastic opportunity to own a building in a historic location opposite the castle walls in the old town of Marbella !
Local and 3-bedroom apartment with roof terrace. Local ideal for a bar or restaurant with space for a terrace.
Groundfloor: local (71m2) + terrace
First floor: 3 bedroom apartment (71m2)
Second floor: roof terrace (28m2)
Sold as is at 640.000€. Project for renovation available, see images.
Rare and fantastic opportunity to own a building in a historic location opposite the castle walls in the old town of Marbella !
Local and 3-bedroom apartment with roof terrace. Local ideal for a bar or restaurant with space for a terrace.
Groundfloor: local (71m2) + terrace
First floor: 3 bedroom apartment (71m2)
Second floor: roof terrace (28m2)
Sold as is at 640.000€. Project for renovation available, see images.
Property Features
- 0 bedrooms
- 0 bathrooms
- 170m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
46,500€
Final Payment of 90% on completion
445,500€
Property Purchase Expenses
Property price
495,000€
Transfer tax 10%
49,500€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.