9 bedroom Commercial Property for sale in Competa, Málaga, Spain

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Ref: TH911

Property marketed by Competa Properties S.L.

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B&B in the centre of Cómpeta.It has recently been fully renovated on high standards and it is fully equipped. Ready to start ! It has 8 bedrooms with ensuite facilities, a central guest sitting room with bar & catering facilities, an utility room and a separate apartment (sleeps 3) with a private living room and a shower room. There are also 2 fantastic roof terraces.
Wonderful property with excellent location which makes this an unique bussiness oportunity.

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Property Features

9 bedrooms
9 bathrooms
355m² Build size

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

43,800€

Final Payment of 90% on completion

421,200€

Property Purchase Expenses

Property price

468,000€

Transfer tax 10%

46,800€

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:

468,000€

Deposit:

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* 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%.