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Freehold - Your business in a centric area of Fuengirola!
Large commercial local of 103m2 near the Fuengirola fairgrounds, distributed as follows: a front showroom of 30m2 at street level with large windows and behind a 70 m2 workshop. Also you have a loading/unloading parking right at your entrance! The area is surrounded by many businesses such as bars, offices, supermarkets, and public gardens. Also, the street is very transited by pedestrians due to its situation near the weekly markets nearby.
It currently operates as an upholstery and decoration store and is anexed to another local of 66 m2 that also has another entrance from the back park. Easily convertible into any type of business or needs, as the owner is opened to sell the large 103 m2 part, the smaller 66 m2 or both together. Book a viewing and see whatever suits you best to make you dreamed business come true!
Large commercial local of 103m2 near the Fuengirola fairgrounds, distributed as follows: a front showroom of 30m2 at street level with large windows and behind a 70 m2 workshop. Also you have a loading/unloading parking right at your entrance! The area is surrounded by many businesses such as bars, offices, supermarkets, and public gardens. Also, the street is very transited by pedestrians due to its situation near the weekly markets nearby.
It currently operates as an upholstery and decoration store and is anexed to another local of 66 m2 that also has another entrance from the back park. Easily convertible into any type of business or needs, as the owner is opened to sell the large 103 m2 part, the smaller 66 m2 or both together. Book a viewing and see whatever suits you best to make you dreamed business come true!
Property Features
- 0 bedrooms
- 0 bathrooms
- 103m² Build size
- near transport
- air conditioning
- electric blinds
- unfurnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
17,000€
Final Payment of 90% on completion
180,000€
Property Purchase Expenses
Property price
200,000€
Transfer tax 10%
20,000€
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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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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