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Ref: M268470
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Great premises at street level Premises for sale, rent to buy or rent to rent at street level in San Luis street, next to the Acequión school and a pharmacy. The premises have a VADO permit, carriage door and pedestrian door with bellows shutter. Perfect for academy, dance school, yoga room or offices. More information: Ana Álvarez 676648308________ Available for sale: 130.000€ ______________________ Also available for RENT Economic conditions: 2 months deposit (€1200). Rental price: 1st year 600€ + VAT 2nd year and following years 600€ + CPI + VAT Agency commission: 300€. 1 year contract with automatic renewal Utilities (electricity, water, parking) to be paid separately. _____________________ Also available for RENT TO OPTION TO BUY: Economic conditions: Down payment of 5.000€. Rent of 650€/month. Sale price: 130.000. The lessor will take care of the community expenses. On the percentages to be discounted, although they are negotiable, this is the proposal that will be presented initially: - If the purchase is executed during the first year of rent, 100% of the amounts paid will be discounted.
- If the purchase is executed during the second annuity, 75% of the amounts paid will be discounted.
- If the purchase is executed during the third annuity, 50% of the amounts paid will be discounted.
- If the purchase is executed from the fourth annuity onwards, €0 will be deducted from the amounts paid and the lessee will lose the option to purchase, having to renegotiate the purchase conditions.
Property Features
- 0 bedrooms
- 1 bathroom
- 138m² Build size
- Near bus route
- Near Schools
- Useable Build Space: 125 Msq.
- Terrace: 1 Msq.
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,000€
Final Payment of 90% on completion
117,000€
Property Purchase Expenses
Property price
130,000€
Transfer tax 8%
10,400€
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.