Commercial Property for sale in Torrevieja, Alicante, Spain

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Ref: M268877

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

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Amazing Opportunity!!! You can´t miss this Traspaso of Retail Shop in the Center of Torrevieja with a licence for 2 floors. The shop has also 2 changing rooms, a toilet on the 1st floor and an internal elevator. The building, situated in the heart of Torrevieja, walking distance to the beautiful promenade and in central bustling area has 2 more floors that are used by the owner as storage and is open to negotiation if the new owner wants to use it. The rent is 800€ /month.This will not be long on the market so BOOK YOUR APPOINTMENT TODAY! to visit this incredible opportunity to own a business in Torrevieja.

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Property Features

0 bedrooms
0 bathrooms
150m² Build size
X

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

0€

Final Payment of 90% on completion

16,950€

Property Purchase Expenses

Property price

19,950€

Transfer tax 8%

1,596€

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:

19,950€

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%.