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Ref: M269436
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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How can we help you?:
We offer this fantastic premises of just over 100m2 on the corner in a recently built building. The premises have a smoke outlet and are in an area of new construction and expansion of the area. Close to all the services in the area, the Castelar school and the soccer field. It is ideal for setting up any restaurant business, playground or store of any type. The premises are exempt from community fees and are at street level. The price is unthinkable. Visit it without obligation.
Property Features
- 0 bedrooms
- 0 bathrooms
- 101m² Build size
- Near bus route
- Near Golf / Golf Resort Property
- Near Schools
- Near Commercial Center
- Location: Coastal, Urbanisation
- Near Childrens Parks
- Beach: 1000 Meters
- Useable Build Space: 100 Msq.
- Terrace: 10 Msq.
- Has Main Electric
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
4,750€
Final Payment of 90% on completion
69,750€
Property Purchase Expenses
Property price
77,500€
Transfer tax 8%
6,200€
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.