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Ref: AG19146302
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Commercial Unit - Central La Manga Club - Multiuse Unit - Fantastic OpportunityThis commercial unit of just over 120 square metres is located in a busy and central location in the Prestigious La Manga Club.The unit offers fantastic value as well as potential to be able to either take over the current business as a fashion retailer, or to create a new business such as a restaurant, bar, yoga studio, real estate office.. The possibilities are endless!The unit is light and bright with windows on all sides and faces South. There is ample free parking to both the front and rear of the property. The property is located in one of the busiest areas of La Manga Club with people passing by all day. The current owner has managed a thriving businesses here for 30 years. Become one of the most visible and established businesses in the area in this fantastic unit. Commercial Unit Many Potential Uses Central Location High Footfall Ample Parking
Property Features
- 0 bedrooms
- 1 bathroom
- 123m² Build size
- 123m² Plot size
- Gated complex
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
46,000€
Final Payment of 90% on completion
441,000€
Property Purchase Expenses
Property price
490,000€
Transfer tax 8%
39,200€
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.