16 bedroom Commercial Property for sale in Fuengirola, Málaga, Spain

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Ref: M268786

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

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Interested commercial building in the heart of Fuengirola of 1640 m2 and very good location. This property is ideal to run a business as for example a hospital, or an elderly home.....It was a hospital for ten years.Capacity for 40 beds in 15 bedrooms with an option to expand, different offices, rooms for medical guards etc...The property consist of 3 floors with a lift, communal parking and also access to the garden and 3 pools in the gated complex. This fantastic property is located in one of the main streets of Fuengirola that is recently renovated, with a lot of parking place.

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Property Features

16 bedrooms
16 bathrooms
1,700m² Build size
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Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

422,000€

Final Payment of 90% on completion

3,825,000€

Property Purchase Expenses

Property price

4,250,000€

Transfer tax 10%

425,000€

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:

4,250,000€

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%.