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Ref: AG19146311
Property marketed by Spain Property Shop S.L
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We present this refurbished commercial premises, located on a mezzanine floor in the centre of Orihuela. Perfect for offices, with 120 m2 built, divided into several rooms with office desks. Two of the rooms have large windows to the exterior. It has a toilet and a small storage room. All the lights are with porthole spotlights, which gives the spaces more amplitude and luminosity. It was totally refurbished in 2006 including electric and plumbing. It also has air conditioning and split wall heating installed, and fire extinguishers already installed for greater security. It is sold semi furnished.
Property Features
- 0 bedrooms
- 0 bathrooms
- 120m² Build size
- Near bus route
- Heating, Central
- Elevator
- Fully furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
14,700€
Final Payment of 90% on completion
159,300€
Property Purchase Expenses
Property price
177,000€
Transfer tax 8%
14,160€
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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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.