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Ref: M270635
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Great opportunity to buy this central business unit with a huge attached garage next to the premises, with internal access. The local consists of a reception area, bathroom and storage room, with 420m2 of space, covering more than two streets and less than 200 meters from the sea, this local really benefits from a privileged location.IBI: € 1,262 a year
Property Features
- 0 bedrooms
- 2 bathrooms
- 500m² Build size
- aire acondicionado
- alarma
- Accesible
- 0 bedrooms
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
22,500€
Final Payment of 90% on completion
229,500€
Property Purchase Expenses
Property price
255,000€
Transfer tax 8%
20,400€
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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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.