7 bedroom Townhouse for sale in Competa, Málaga, Spain

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Ref: TH1056

Property marketed by Competa Properties S.L.

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An excellently located property, and buisness premises, very closet to the centre of the village currently being used as a shop with regular clientele , with lots of further posibilities (all machinery and licenses for Churros and roasted chickens) plus 3 apartments above and the coresponding storage spaces for the shop etc... This propery is complete with a courtyard garden and views of the “casas colgantes ” .

This whole building has lots of potential and a great buisness oportunity .

Must be seen for to apreciate the amazing potential this building has to offer.

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Property Features

7 bedrooms
4 bathrooms
236m² Build size

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

72,000€

Final Payment of 90% on completion

675,000€

Property Purchase Expenses

Property price

750,000€

Transfer tax 10%

75,000€

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:

750,000€

Deposit:

€

Interest Rate:

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Mortgage Result

* 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%.