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Ref: NAP008
Property marketed by Competa Properties S.L.
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Discover the opportunity to craft your dream living space or business venture in the vibrant heart of Nerja! Nestled just a couple of minutes walk from the iconic Balcón de Europa, this versatile premises beckons with its prime location and endless potential.
Boasting a convenient ground-floor setting, this spacious property offers the flexibility to fashion a comfortable 2 or 3 bedroom apartment with ease of access. Currently configured with a reception area welcoming you from the street, an expansive office space to the right, a kitchen area and bathroom and a very alrge room used before as a metting room toward the rear, the layout presents a canvas primed for transformation.
Imagine stepping into a bright and airy living space, flooded with natural light streaming through south-facing windows that overlook the neighbouring interior patio. With a touch of creativity and investment, this property can evolve into your own personalized oasis, with the possibility of adding one or two bathrooms to suit your lifestyle.
Renovation estimates suggest a starting point of approximately €50,000, affording you the opportunity to create a modern sanctuary tailored to your taste. Embrace the freedom to select materials and design elements that resonate with your vision, while relishing the convenience of being mere minutes away from the bustling hub of shops, services, and the tranquil Salon and Torrecilla beaches.
Beyond its potential as a residential haven, the strategic location lends itself seamlessly to a myriad of commercial endeavors, whether it be an office space, boutique shop, or other entrepreneurial pursuits.
If the prospect of crafting your ideal living space or launching a thriving business in the heart of Nerja ignites your imagination, don't hesitate to reach out to schedule a visit. Seize this opportunity to turn your aspirations into reality amidst the charm and allure of this coveted premises.
Boasting a convenient ground-floor setting, this spacious property offers the flexibility to fashion a comfortable 2 or 3 bedroom apartment with ease of access. Currently configured with a reception area welcoming you from the street, an expansive office space to the right, a kitchen area and bathroom and a very alrge room used before as a metting room toward the rear, the layout presents a canvas primed for transformation.
Imagine stepping into a bright and airy living space, flooded with natural light streaming through south-facing windows that overlook the neighbouring interior patio. With a touch of creativity and investment, this property can evolve into your own personalized oasis, with the possibility of adding one or two bathrooms to suit your lifestyle.
Renovation estimates suggest a starting point of approximately €50,000, affording you the opportunity to create a modern sanctuary tailored to your taste. Embrace the freedom to select materials and design elements that resonate with your vision, while relishing the convenience of being mere minutes away from the bustling hub of shops, services, and the tranquil Salon and Torrecilla beaches.
Beyond its potential as a residential haven, the strategic location lends itself seamlessly to a myriad of commercial endeavors, whether it be an office space, boutique shop, or other entrepreneurial pursuits.
If the prospect of crafting your ideal living space or launching a thriving business in the heart of Nerja ignites your imagination, don't hesitate to reach out to schedule a visit. Seize this opportunity to turn your aspirations into reality amidst the charm and allure of this coveted premises.
Property Features
- 3 bedrooms
- 2 bathrooms
- 80m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
17,000€
Final Payment of 90% on completion
180,000€
Property Purchase Expenses
Property price
200,000€
Transfer tax 10%
20,000€
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.
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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.