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Ref: 662995
Property marketed by Girasol Assen B54983077
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We present this building with charm in Orihuela city. Composed of a local business and two floors with two huge apartments and a house added.
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.
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
- 10+ bedrooms
- 2 bathrooms
- 600m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
31,500€
Final Payment of 90% on completion
310,500€
Property Purchase Expenses
Property price
345,000€
Transfer tax 8%
27,600€
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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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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