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Ref: SPS6622
Property marketed by Spain Property Shop S.L
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Amazing Opportunity!!! You can´t miss this Traspaso of Retail Shop in the Center of Torrevieja with a licence for 2 floors. The shop has also 2 changing rooms, a toilet on the 1st floor and an internal elevator. The building, situated in the heart of Torrevieja, walking distance to the beautiful promenade and in central bustling area has 2 more floors that are used by the owner as storage and is open to negotiation if the new owner wants to use it. The rent is 800€ /month.
This will not be long on the market so BOOK YOUR APPOINTMENT TODAY! to visit this incredible opportunity to own a business in Torrevieja.
This will not be long on the market so BOOK YOUR APPOINTMENT TODAY! to visit this incredible opportunity to own a business in Torrevieja.
Property Features
- 0 bedrooms
- 0 bathrooms
- 150m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
0€
Final Payment of 90% on completion
6,500€
Property Purchase Expenses
Property price
9,500€
Transfer tax 8%
760€
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.