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Ref: BGN-98024
Property marketed by Vivacosta
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Commercial property with many possibilities for sale in Alcalali. The building is oriented to the south, it has an area of 294m2 with a terrace of 82m2 and is located on a plot with an area of 965m2. There is a large private parking space of approximately 350m2 and the possibility to create a second large terrace on the side of the building. The roof was completely redone a few months ago. The property currently has a license for a bar/restaurant. It is built on a residential plot and can therefore also be converted into a house or several apartments and there is also the possibility to build a swimming pool. Alcalalí is a village located in the heart of the Jalon Valley. It is an area known for its beautiful mountain scenery, vibrant cycling tourism, excellent wine and much more. The commercial space is within walking distance of the village where you will find all kinds of amenities. The beautiful beaches of the Costa Blanca are just 20 minutes away.
Property Features
- 0 bedrooms
- 0 bathrooms
- 376m² Build size
- 965m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
26,900€
Final Payment of 90% on completion
269,100€
Property Purchase Expenses
Property price
299,000€
Transfer tax 8%
23,920€
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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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.