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Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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FULL BUILDING FOR SALE WITH COMMERCIAL UNIT IN MAIN STREET OF CARTAGENA CITY CENTRE. This fantastic building located in Calle Del Carmen comprises of 8 apartments, 2 properties per floor, commercial unit of 876 M2 + 200 M2 basement. Each apartment measures from 46, 60, 168, 250, 215, 340, 186 & 233M2. No need for renovation. FULLY OCCUPIED WITH A RENTAL INCOME OF 9,000€ PER MONTH, APPROX. 106,000€ PER ANNUM.
Cartagena, a wealth of history and beautiful architecture sits on the Costa Calida in south east Spain within the Murcia region. It is a major naval base with the navy occupying a large area around the port and throughout the city. It is Spain's 6th non-province capital city with a population of approximately 214,918 in 2011.Cartagena was founded around 227 BC as Qart Hadasht during the Phoenician Conquest.Since the 16th century Cartagena port has been one of the most important naval ports in Spain. The port is also home to a large naval shipyard and is now a popular stop off point for cruise liners. The port and marina area is well worth a visit with its many bars and restaurants and it is only a short walk to the pedestrian main street with further many shops, bars and restaurants. Among the Art Nouveau buildings there are several famous landmarks such as the Roman Theatre. Cartagena is famous for its Carthaginians and Romans festival held on the second fortnight every September. Ten fantastic days of parades and events based on the second punic war. A visit to the large outdoor camp constructed specially for the event is not to be missed with its vast range of bars and restaurants.
For more information on Cartagena and things to do and places to go visit www.cartagenaturismo.es
Cartagena, a wealth of history and beautiful architecture sits on the Costa Calida in south east Spain within the Murcia region. It is a major naval base with the navy occupying a large area around the port and throughout the city. It is Spain's 6th non-province capital city with a population of approximately 214,918 in 2011.Cartagena was founded around 227 BC as Qart Hadasht during the Phoenician Conquest.Since the 16th century Cartagena port has been one of the most important naval ports in Spain. The port is also home to a large naval shipyard and is now a popular stop off point for cruise liners. The port and marina area is well worth a visit with its many bars and restaurants and it is only a short walk to the pedestrian main street with further many shops, bars and restaurants. Among the Art Nouveau buildings there are several famous landmarks such as the Roman Theatre. Cartagena is famous for its Carthaginians and Romans festival held on the second fortnight every September. Ten fantastic days of parades and events based on the second punic war. A visit to the large outdoor camp constructed specially for the event is not to be missed with its vast range of bars and restaurants.
For more information on Cartagena and things to do and places to go visit www.cartagenaturismo.es
Property Features
- 16 bedrooms
- 16 bathrooms
- Near Transport
- close to schools
- Unfurnished
- Good Road Access
- Close to all Amenities
- Sports Facilities
- near beach
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
277,000€
Final Payment of 90% on completion
2,520,000€
Property Purchase Expenses
Property price
2,800,000€
Transfer tax 8%
224,000€
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.