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Ref: 89/10371
Property marketed by European Property Company
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GREAT commercial property, on the ground floor, ideal for a business similar to the one that exists, a law firm with independent rooms, agencies, property managers, or any other businesses that requires independent spaces with an easy and convenient location.The space is divided into three rooms and a bathroom, the distribution could be changed according to the client's needs. As a second option, there is the possibility of changing the use into a home just two minutes from the sea and in the most central streets of Garrucha "Calle Mayor", close to all the necessary services, and prepared for people with reduced mobility.Ask us without any commitment and we will give you the best ideas, as well as being able to help you with the possible changes you decide to make.
Property Features
- 3 bedrooms
- 0 bathrooms
- 112m² Build size
- Air-Conditioning
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,600€
Final Payment of 90% on completion
104,400€
Property Purchase Expenses
Property price
116,000€
Transfer tax 8%
9,280€
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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Spanish Property News & Updates by Spain Property Portal.com
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.