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Ref: SD31-48837
Property marketed by NERJA BEACH PROPERTIES
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This commercial premises in Velez Malaga offers a large space of 123 m2 to develop various commercial activities. The property has a modern and bright design, with large windows that provide excellent visibility from the outside. The interior space of the premises is diaphanous, which allows great flexibility when adapting it to the needs of any business. In addition, it has a storage area and a bathroom, which makes it a very practical option for entrepreneurs or businessmen looking for a suitable place to develop their activity. The place is located in a strategic location, with easy access from the main road and in an area with high pedestrian and traffic influx. This prime location is ideal for establishing a business with good visibility and high customer potential. In summary, this commercial premises in Velez Malaga is an excellent option for anyone looking for a spacious, bright and versatile space to develop their commercial activity in a privileged location.
Property Features
- View Video Tour
- 0 bedrooms
- 0 bathrooms
- 123m² Build size
- 123m² Plot size
- Closeby : Street/market
- Closeby : Restaurants/bars.
- Closeby : Drugstore
- Closeby : School
- Closeby : Shopping ctr.
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
14,850€
Final Payment of 90% on completion
160,650€
Property Purchase Expenses
Property price
178,500€
Transfer tax 10%
17,850€
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.