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Ref: AG19145328
Property marketed by Spain Property Shop S.L
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Amazing investment opportunity consisting of a large commercial property distributed over three floors.
The property can either be divided into several commercial units for a high monthly rental income or converted into residential properties to resell / rent out for a very high ROI!
Book your viewing today to fully appreciate this rare opportunity!
The property can either be divided into several commercial units for a high monthly rental income or converted into residential properties to resell / rent out for a very high ROI!
Book your viewing today to fully appreciate this rare opportunity!
Property Features
- 1 bedroom
- 5 bathrooms
- 329m² Build size
- 123m² Plot size
- Solarium
- Veranda
- Aircondition, Split system
- Storage
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
40,000€
Final Payment of 90% on completion
387,000€
Property Purchase Expenses
Property price
430,000€
Transfer tax 8%
34,400€
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
Spanish Property News & Updates by Spain Property Portal.com
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.