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Ref: kf78468173981086880
Property marketed by Spanish Best Homes 2010, s.l.
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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.
Property Features
- 0 bedrooms
- 1 bathroom
- Swimming Pool
- Garage
- Garden
- 0 Pool
- Terrace
- Basement
- Air Conditioner
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.
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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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.