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Ref: M270678
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Do not miss this fantastic commercial property in one of the central streets of Elda! A magnificent local 700 square meters all open at the moment, with 12 independent entrances that give access to 3 different streets, in two of these streets you will have the opportunity to put tables on the terrace if you want to open a bar or restaurant , it has several smoke outlets. If you buy this place you can also divide it into 3 or 4 large premises to open different businesses or rent them. As you can see, it has many possibilities.If you have liked this property, do not hesitate to contact us, we will be happy to help you!We are specialists in the Costa Blanca and Costa Calida specialising in the Alicante and Murcia Inland regions with a particular emphasis on Elda, Pinoso, Aspe, Elche and surrounding areas. We are an established, well known and trusted company that has built a solid reputation amongst buyers and sellers since we began trading in 2004. We offer a complete service with no hidden charges or surprises, starting with sourcing the property, right through to completion, and an unrivalled after sales service which includes property management, building services, and general help and advice to make your new house a home. With a portfolio of well over 1400 properties for sale, we are confident that we can help, so just let us know your preferred property, budget and location, and we will do the rest.
Property Features
- 0 bedrooms
- 1 bathroom
- 700m² Build size
- Mains Water
- Telephone
- Mains Electric
- Internet
- X
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 8%
60,000€
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.