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Ref: NLC002
Property marketed by Competa Properties S.L.
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Discover this versatile 169 m² property in the heart of Nerja, ideal for both business and residential purposes. Situated in a bustling shopping area just 800 meters from the beach and 500 meters from the iconic Balcón de Europa, this location offers prime accessibility and visibility.
This property can be transformed into a comfortable apartment, benefiting from its position within a community that features lush gardens and a communal swimming pool, enhancing its appeal as a potential home. Whether you're looking to establish a business or create a cozy living space, this adaptable property provides the perfect opportunity in an unbeatable location.
This property can be transformed into a comfortable apartment, benefiting from its position within a community that features lush gardens and a communal swimming pool, enhancing its appeal as a potential home. Whether you're looking to establish a business or create a cozy living space, this adaptable property provides the perfect opportunity in an unbeatable location.
Property Features
- 0 bedrooms
- 0 bathrooms
- 155m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
26,900€
Final Payment of 90% on completion
269,100€
Property Purchase Expenses
Property price
299,000€
Transfer tax 10%
29,900€
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.