Commercial Property for sale in Javea, Alicante, Spain

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Ref: BGA-97124

Property marketed by Vivacosta

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This commercial property consists of a first floor of 1648 m2 and a basement of 1412 m2. The building borders 3 streets so there is very much frontage that can be used for publication. It has potential for an awful lot of commercial purposes such as hotel, offices, socio-cultural activities, workshop, garage, warehouse, gym, etc. 2 facades border a municipal square, this also makes it ideal for a restaurant with terrace. Through an entrance you reach the basement that can be used as an underground garage but can also be used for other purposes. It is also accessible via an elevator and is already equipped with electricity and lighting. There are also 2 large water tanks.

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Property Features

0 bedrooms
0 bathrooms
3,000m² Build size
1,845m² Plot size

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

151,000€

Final Payment of 90% on completion

1,386,000€

Property Purchase Expenses

Property price

1,540,000€

Transfer tax 8%

123,200€

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:

1,540,000€

Deposit:

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* 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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Commercial Property for sale

Javea, Alicante

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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%.