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Ref: P5268
Property marketed by 5 Real Estate
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Rarely does such a promising opportunity arise, presenting this partially reformed 8-bedroom home featuring two separate shops in the heart of central Gandia. With endless possibilities, this property holds tremendous potential.
Nestled on a side street between two bustling shopping precincts and within proximity to major tourist attractions, the renovation of this home was initiated but remains incomplete. Internal walls have been rebuilt but still require plastering and painting. Flooring needs tiling, while electrical connections and plumbing must be finalized.
The bathrooms and kitchens are awaiting fixtures and fittings, presently devoid of any installations.
With minimal construction remaining, completing this home primarily calls for the expertise of an electrician, plumber, plasterer, painter, and specialists for bathroom and kitchen installations. Once finalized, this property will transform into a remarkable residence that can also operate as a charming B&B.
One of the two shops is in good condition, suitable for service-oriented businesses. Meanwhile, the larger unit requires redecoration to attract potential tenants. Importantly, the fortunate acquirer of this home could enjoy a tidy income from both units. Moreover, one of the shops could be integrated into the home to provide additional living quarters and serve as a B&B reception area.
The true potential of this property far exceeds what can be captured in pictures alone. To fully appreciate the endless possibilities that come with acquiring this home, it is essential and highly recommended to schedule a viewing. Don't miss out on this amazing opportunity that pictures simply cannot do justice to. Take the next step and see firsthand what this property has to offer.
Gandia, a coastal gem on Spain's Costa Blanca, offers a perfect blend of sun, sand, and culture. Its beautiful blue flag beaches are complemented by a historic old town, vibrant festivals, and delicious traditional cuisine. With a lively atmosphere and stunning Mediterranean landscapes, Gandia is an ideal destination for a memorable Spanish getaway.
1 Real Estate, part of the Property Cloud Group, is a leading international estate agent in the Costa Blanca, with over 50 years of combined experience in Spanish property sales and over 40 dedicated staff. We are committed to providing a transparent, first-class service to all our clients, whether buyers or sellers. From the moment you first contact us, you'll notice the exceptional level of care and expertise we deliver as standard.
At 1 Real Estate, we focus exclusively on properties directly listed with us, allowing us to build strong relationships with our vendors, understand their homes, and have in-depth knowledge of the areas we serve. With our extensive portfolio of properties, we are confident we can find the perfect match for your requirements.
Make an enquiry today and discover why we stand out as the agent of choice for buyers and sellers in the Costa Blanca.
Nestled on a side street between two bustling shopping precincts and within proximity to major tourist attractions, the renovation of this home was initiated but remains incomplete. Internal walls have been rebuilt but still require plastering and painting. Flooring needs tiling, while electrical connections and plumbing must be finalized.
The bathrooms and kitchens are awaiting fixtures and fittings, presently devoid of any installations.
With minimal construction remaining, completing this home primarily calls for the expertise of an electrician, plumber, plasterer, painter, and specialists for bathroom and kitchen installations. Once finalized, this property will transform into a remarkable residence that can also operate as a charming B&B.
One of the two shops is in good condition, suitable for service-oriented businesses. Meanwhile, the larger unit requires redecoration to attract potential tenants. Importantly, the fortunate acquirer of this home could enjoy a tidy income from both units. Moreover, one of the shops could be integrated into the home to provide additional living quarters and serve as a B&B reception area.
The true potential of this property far exceeds what can be captured in pictures alone. To fully appreciate the endless possibilities that come with acquiring this home, it is essential and highly recommended to schedule a viewing. Don't miss out on this amazing opportunity that pictures simply cannot do justice to. Take the next step and see firsthand what this property has to offer.
Gandia, a coastal gem on Spain's Costa Blanca, offers a perfect blend of sun, sand, and culture. Its beautiful blue flag beaches are complemented by a historic old town, vibrant festivals, and delicious traditional cuisine. With a lively atmosphere and stunning Mediterranean landscapes, Gandia is an ideal destination for a memorable Spanish getaway.
1 Real Estate, part of the Property Cloud Group, is a leading international estate agent in the Costa Blanca, with over 50 years of combined experience in Spanish property sales and over 40 dedicated staff. We are committed to providing a transparent, first-class service to all our clients, whether buyers or sellers. From the moment you first contact us, you'll notice the exceptional level of care and expertise we deliver as standard.
At 1 Real Estate, we focus exclusively on properties directly listed with us, allowing us to build strong relationships with our vendors, understand their homes, and have in-depth knowledge of the areas we serve. With our extensive portfolio of properties, we are confident we can find the perfect match for your requirements.
Make an enquiry today and discover why we stand out as the agent of choice for buyers and sellers in the Costa Blanca.
Property Features
- 6 bedrooms
- 2 bathrooms
- 312m² Build size
- Street Parking
- Unfurnished
- Proximity: Airport
- Proximity: Mountain
- Proximity: Beach
- Proximity: Golf course
- Built year: 1933
- Proximity: Shopping
- Roof terrace
- Central location
- Proximity: Restaurants
- Proximity: City
- Accessability\proximity: Museums
- Accessability\proximity: Bus
- Accessability\proximity: Bus station
- Accessability\proximity: Airport 1 hour
- Accessability\proximity: Commercial areas
- Accessability\proximity: Restaurants
- Accessability\proximity: Golf course 5km
- Accessability\proximity: City nearby
- Accessability\proximity: Touristic areas
- Accessability\proximity: Cinema
- Accessability\proximity: Theather
- Views: City view
- Proximity: Hospital
- Proximity: Pharmacy
- Proximity: Public Transport
- Proximity: Schools
- Proximity: Public Swimming Pools
- Proximity: Playground
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
17,000€
Final Payment of 90% on completion
180,000€
Property Purchase Expenses
Property price
200,000€
Transfer tax 10%
20,000€
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.
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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.