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Ref: M270620
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Commercial property in the center of Cala Ratjada, located just a few meters from the promenade and the Plaza de los Pinos. The property is located on the mezzanine of a multi-family building and has entrance from the street and from a communal hallway inside the building. The room is separated in half by a wall, has a bathroom, safe and a small terrace with partial sea views. The store is sold with a garage and a storage room located in the basement of the building.
Property Features
- 0 bedrooms
- 1 bathroom
- 69m² Build size
- Garage
- Telephone
- Storeroom
- Light
- Water
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,600€
Final Payment of 90% on completion
113,400€
Property Purchase Expenses
Property price
126,000€
Transfer tax 10%
12,600€
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.