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

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Ref: M270205

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

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Local Verdugo is a rare opportunity to purchase a freehold commercial unit just off above the high street in Periana, one of the largest villages in the Axarquia. Previously a telecommuniacations/ technical store it lends itself to perhaps and insurance franchise or hair dressers/ barber shop. With the important option to rent a secure garage space next door at a very low rate this is our cheapest property ever listed. Ideal for a starter business. Please view our video for more information.

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Property Features

1 bedroom
1 bathroom
30m² Build size
30m² Plot size
Air Conditioning
X

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

0€

Final Payment of 90% on completion

26,500€

Property Purchase Expenses

Property price

29,500€

Transfer tax 10%

2,950€

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:

29,500€

Deposit:

€

Interest Rate:

Period:

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%.