Other for sale in Orihuela Costa, Alicante, Spain

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Ref: AG19144401

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Excellent commercial property located a few meters from the seafront and the beach of Playa Flamenca (Orihuela Costa). It has 160 m2 built distributed in 4 large rooms offering the possibility of dividing into 2 different units with independent access. Its location at the foot of the street is privileged because the area has a large influx of foreign tourists throughout the year, also having an Apartahotel on it.The place is located on the corner with a facade of 14 linear meters. Perfect for offices or any type of business. It also has 50 m2 of front terrace facing the street. Excellent investment opportunity in one of the best areas of Orihuela Costa.

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Property Features

0 bedrooms
1 bathroom
160m² Build size
Veranda

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

28,100€

Final Payment of 90% on completion

279,900€

Property Purchase Expenses

Property price

311,000€

Transfer tax 8%

24,880€

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:

311,000€

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%.