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Ref: Comercial Ruiz Montes
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157m2 Commercial. This property of 157m2 constructed is located in the centre of Rute, province of Cordoba, Spain. Access is from a busy street and the entrance hall leads to the right to an area previously used as a jewellery shop and further on to a corridor which leads to the right to a reception and a massage room and at the back to a large hall where a hairdressing salon used to be and where there is also a storeroom and 2 toilets. The privileged location of this commercial ground floor apartment has a lot of potential, because it is only a few minutes walking distance to bars, restaurants, shops, banks, the town hall and even a public car park is only 200m away. The property needs a small refurbishment and an entrepreneur to appreciate its fair value.
Property Features
- 0 bedrooms
- 2 bathrooms
- 157m² Build size
- 157m² Plot size
- Near Transport
- Storage
- Near amenities
- Easy Renting
- Very Good Access
- In Town Center
- Airport 60 mins
- Water
- Walk to shops
- Walk to bars
- Walk to restaurants
- Hospital 20 Km
- Needs Updating
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,850€
Final Payment of 90% on completion
142,650€
Property Purchase Expenses
Property price
158,500€
Transfer tax 10%
15,850€
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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