Commercial Property for sale in Cabo Roig, Alicante, Spain

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Ref: BAN-45033

Property marketed by OLIVIA REAL ESTATE

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The Freehold of this&nbsp;commercial unit of some 135m2 is up for sale, currently used as an office but includes bar and counter area plus kitchen area spread over two rooms.&nbsp; Also included are a ladies and gents toilets and communal sink.&nbsp; To the front of the unit there is a sizeable terrace looking out onto&nbsp;on the busy Calle del Mar in Aguamarina, located at the back of the Cabo Roig Strip.

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Property Features

0 bedrooms
0 bathrooms
135m² Build size

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

22,000€

Final Payment of 90% on completion

225,000€

Property Purchase Expenses

Property price

250,000€

Transfer tax 8%

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.

Mortgage Calculator

Mortgage Amount:

250,000€

Deposit:

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Mortgage Result

* 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%.