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Ref: LC045
Property marketed by Competa Properties S.L.
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Ideal business premisesis to reform with a very accessible and convenient location just off the main road at the entrance to the village of Archez.
It has a surface area of 181m2 and although it does not currently have an electrical connection, the light box was recently installed and it would only be necessary to finish the installation and request the connection.
Excellent location and very good investment to buy and create your own property or business, must be seen!
It has a surface area of 181m2 and although it does not currently have an electrical connection, the light box was recently installed and it would only be necessary to finish the installation and request the connection.
Excellent location and very good investment to buy and create your own property or business, must be seen!
Property Features
- 0 bedrooms
- 0 bathrooms
- 181m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
4,500€
Final Payment of 90% on completion
67,500€
Property Purchase Expenses
Property price
75,000€
Transfer tax 10%
7,500€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.