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Ref: AG19151429
Property marketed by Spain Property Shop S.L
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This commercial property is sold unfinished, allowing the new owner to complete it as they wish. It features multiple large shutters at the entrances and a ceiling height of 4.4 meters, offering great potential. Currently used as storage, the space can be converted into a business or renovated into a residence.The buyer will need to arrange for electricity and water services. It is situated in a great location, close to all amenities, including the municipal football field and a children's park right across the street. There are no community fees, and the annual property tax (IBI) is just €115, with facade insurance costing €30 per year.
Property Features
- 0 bedrooms
- 0 bathrooms
- 84m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
5,300€
Final Payment of 90% on completion
74,700€
Property Purchase Expenses
Property price
83,000€
Transfer tax 8%
6,640€
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.