Commercial Property for sale in Orihuela, Alicante, Spain

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Ref: MCB-79376

Property marketed by OLIVIA REAL ESTATE

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Commercial premises for sale in Adolfo Clavarana, Orihuela city, it is a sale and not a transfer. COMMERCIAL PREMISES IN FRONT OF THE SANTO DOMINGO SCHOOL, IT HAS 60 M2 AND IS PERFECT FOR ANY TYPE OF BUSINESS, ACADEMY, HAIRDRESSER, LAW FIRM. Unique business opportunity in a privileged location with a high influx of people, being in front of the Santo Domingo school on the pedestrian street. Excellent natural lighting. Close to services and public transport.

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Property Features

0 bedrooms
1 bathroom
60m² Build size

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

1,200€

Final Payment of 90% on completion

37,800€

Property Purchase Expenses

Property price

42,000€

Transfer tax 8%

3,360€

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:

42,000€

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%.