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Recent reduction from 4.500.000€ to 3.800.000€!
8-storey building for sale with Building License (already requested a year and a half ago) for a Hotel located in the Historic Center of Malaga. Excellent location. Next to the Plaza de la Constitucion.
The distribution of the building in 8 floors as follows:
- Commercial premises (ideal for shops, bars, cafes, pharmacy) consisting of 90m2 of useful space with an additional mezzanine of 95m2 and a basement with 40m2.
- Another 5 bright floors with independent access. Today the 5 floors are diaphanous.
- Roof terrace, ideal for a bar with panoramic views of the Cathedral, the Castle, the city and the sea. Useful space of 95m2.
* The upper floor would be very suitable, in combination with the roof terrace, for an elegant restaurant or bar with views of the Cathedral and the city of Malaga.
Please, do not hesitate to request a viewing or more information. We suggest contacting us as soon as possible!
Property Features
- 0 bedrooms
- 0 bathrooms
- 855m² Build size
- 110m² Plot size
- spacious accommodation
- central
- near beach
- close to shops
- prestigious area
- close to all amenities
- air conditioning
- beautiful garden
- terrace
- sunny terraces
- parking
- private pool
- lift
- adsl
- double glazing
- very good access
- close to restaurants
Costing Breakdown
* 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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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.
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.