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Ref: DCW5063W
Property marketed by Dream Home In The Sun
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Big price drop! From € 195 000 to € 165 000Local/ restaurant for sale in a prime location in the established commercial centre La Fuente in Villamartin. Located near 3 championship golf courses and many thriving urbanisations with many permanent residents. The price includes all fittings, furniture, a fully equipped kitchen. A business you can take over or completely start something new in. An excellent opportunity that is turn-key ready in one of the best locations in the entire commercial centre! Contact us today for more information.More information soon.Community costs: € 790/year
Property Features
- 0 bedrooms
- 0 bathrooms
- 66m² Build size
- 80m² Plot size
- Easy access
- commercial area
- Close to town
- Close to Shops
- Close to restaurant
- Close to Golf
- Excellent
- Fitted Kitchen
- Furnished
- Parking street
- Private Terrace
- Covered terrace
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
13,900€
Final Payment of 90% on completion
152,100€
Property Purchase Expenses
Property price
169,000€
Transfer tax 8%
13,520€
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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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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.