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Ref: TLC007
Property marketed by Competa Properties S.L.
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This business property is centrally situated in the busy sea resort of Torrox Costa, within a very popular urbanisation which is busy year-round. Parking space is possible close by and in the adjoining streets from the main road. The property is only a minute’s walk to the sea and a broad variety of local restaurants, shops and bars.
The property consists of a large gym with physical work-out- / fitness-equipment. There are also separate male/female cloakroom and bath room facilities, a shared sauna, and management office, currently used as a security room. The entire business unit is equipped with A/C, spotlights and sound systems.
With a superb location in the most frequented area of the resort, with good parking facilities, water and electricity connected this is an excellent opportunity to invest in a thriving leisure and physical fitness business. Alternatively, the locale could be easily converted to a new business use.
The property consists of a large gym with physical work-out- / fitness-equipment. There are also separate male/female cloakroom and bath room facilities, a shared sauna, and management office, currently used as a security room. The entire business unit is equipped with A/C, spotlights and sound systems.
With a superb location in the most frequented area of the resort, with good parking facilities, water and electricity connected this is an excellent opportunity to invest in a thriving leisure and physical fitness business. Alternatively, the locale could be easily converted to a new business use.
Property Features
- 2 bedrooms
- 2 bathrooms
- 500m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
39,500€
Final Payment of 90% on completion
382,500€
Property Purchase Expenses
Property price
425,000€
Transfer tax 10%
42,500€
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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