5 bedroom Commercial Property for sale in Lucena, Córdoba, Spain

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Ref: CM114

Property marketed by Inland Andalucia

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This is an amazing opportunity for someone who is looking for a commercial property with the possibility of living space. This 363m2 build property is just a short 5 minute drive from the beautiful bustling town of Lucena and sits on the edge of the Los Santo Industrial Park. The property was constructed in 1981 and has been left unfinished internally. There are three floors, the ground floor is open plan with the possibility of large windows all around making this a great show room situated on the corner. On the first floor there are more internal walls in preparation for making a living accommodation, this area would easily offer 5 bedrooms with a great living space that has a terrace running all around the property and views over the beautiful countryside. The top floor is an attic space ideal for storage. To the side of the property is a large walled garden with several established fruit trees. Great opportunity !

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Property Features

5 bedrooms
0 bathrooms
362m² Build size
611m² Plot size
Garden
Off Road Parking
Private Terrace

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

9,000€

Final Payment of 90% on completion

108,000€

Property Purchase Expenses

Property price

120,000€

Transfer tax 10%

12,000€

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.

Mortgage Calculator

Mortgage Amount:

120,000€

Deposit:

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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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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.