Commercial Property for sale in Torrevieja, Alicante, Spain

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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

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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.

Mortgage Calculator

Mortgage Amount:

255,000€

Deposit:

€

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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.

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Spanish Property News & Updates by Spain Property Portal.com

Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.