10 bedroom Commercial Property for sale in Periana, Málaga, Spain

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Ref: M270305

Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )

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Edificio Verdugo is a block of 10 apartments for sale in central Periana, which have scope for many different possibilities. Three storeys tall with the basic structure in place, there are options of internal layout from, 10 apartments, to a small hotel B&B, or a large town house with parking. There are also three locals below, giving you many different options. Views can be seen from both level 1 & 2, and there are four terraces located at the front of the building. An interesting option to a developer is the bare cost of each apartment at only 28,500€ in their present state. Contact us for futher details on this rare opportunity on : +34 696522171

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Property Features

10+ bedrooms
9 bathrooms
600m² Build size
250m² Plot size
close to schools
mountain views
Close to sports facilities
Garage
Mains Water
Mains Electricity
Country Views
Panoramic Views
Mains Sewerage
Close to medical centre
Parking - Off Road
Walking distance to shops, restaurants, ...
Walled Plot
Lake Views
Close To Town And Amenities
Parking on road
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Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

23,500€

Final Payment of 90% on completion

238,500€

Property Purchase Expenses

Property price

265,000€

Transfer tax 10%

26,500€

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:

265,000€

Deposit:

€

Interest Rate:

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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.

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%.