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Ref: AG19MLSC101671
Property marketed by Spain Property Shop S.L
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Commercial Space for Sale – 67 m² Prime location in a growing pedestrian zone. According to the urban development plan, the promenade will soon be transformed into a pedestrian area that connects the seafront with La Sal Street, which will immediately increase the property’s value. This space previously functioned as an apartment and can be converted back for residential use as a home or apartment. The building community also offers access to a pool. Additionally, the current store furnishings (wedding dresses) are available for purchase for an additional 25,000 euros.
Property Features
- 0 bedrooms
- 0 bathrooms
- 67m² Build size
- Sea view
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,500€
Final Payment of 90% on completion
112,500€
Property Purchase Expenses
Property price
125,000€
Transfer tax 8%
10,000€
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.