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This is a great opportunity of investment converting it into a hotel or rental apartments. Is a building built 120 years ago approximately which makes it in a historical place of the city. We can find old design elements of that age like high ceilings, high doors and big windows, and peepholes with a very particular old system in the front doors of the apartments. There are wallpaper of that age in some of the walls and a piano that is possible to keep it for decoration for the new business.
This building need a complete renovation and is possible to make more apartments inside or rooms for a hotel. In the local business there are a good space to make a restaurants or shop. The entrance of the building is separated from commercial local so is good space to convert in the reception. Also there is a garage for several cars and a indoor patio that provide sunlight to the internal face of the apartments.
Located in a good neighbourhood, this building has park views providing a quite area, and mountain views in the back side. Walking distance to Ociopía shopping center and the sport center. Don´t miss this good opportunity.
Property Features
- 1 bedroom
- 1 bathroom
- 600m² Build size
Costing Breakdown
* 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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* 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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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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