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When setting up a business, the most important factor is always the location, and this property with living quarters is perfectly situated in the heart of Nerja, just a few meters from the Plaza de España and the famous "Balcón de Europa". This property offers the possibility of building both commercial premises and residential units from the ground floor with a basement, extending up to two additional levels, and includes the option of a roof terrace with a pool or an interior patio.
Property Details:
• Plot Area: 169 m²
• Ground Floor Construction: 143 m², currently housing:
O A shop with a showcase
O An exhibition room with a kitchen
O An office
O A toilet and a semi-bathroom
O A laundry room
O Several storage rooms and warehouses
O A light patio
• First Floor: 53 m², featuring:
O Two bedrooms
O One bathroom
Prime Location:
• Nearby Attractions: Just a few steps from the Plaza de España, the "Balcón de Europa," and the beaches "El Salón" and "Calahonda."
• Business Potential: Due to its prime location and generous size, this property is ideal for developing multiple homes with or without a commercial premises on the ground floor. The addition of a swimming pool would make it perfect for a tourist rental business.
Investment Opportunity:
This property is offered at a very attractive price. Don't miss out on this unique opportunity—contact Competa Properties to schedule a viewing today!
Property Features
- 2 bedrooms
- 1 bathroom
- 140m² Build size
- 169m² Plot size
Costing Breakdown
* 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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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.
Spanish Property News & Updates by Spain Property Portal.com
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.