Commercial Property for sale in Villamartin, Alicante, Spain

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Ref: M269244

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

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This very well established golfing retail and tour business has been trading successfully from this spacious corner retail unit in the popular Rioja Commercial Center based in the bustling resort of Orihuela Costa and due to a change in personal circumstances the opportunity to purchase this excellent corner unit has become available. With a 103m2 space, the unit offers great potential for a variety of businesses. Comprising a main showroom and two smaller rooms along with the counter area, toilet, 2 changing rooms and a kitchenette with air conditioning units. The walls have been finished with grooved detailing for shop fittings. Please contact us to arrange a viewing.

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Property Features

0 bedrooms
1 bathroom
X

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

13,000€

Final Payment of 90% on completion

144,000€

Property Purchase Expenses

Property price

160,000€

Transfer tax 8%

12,800€

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:

160,000€

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.

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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%.