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Ref: MM-71157
Property marketed by Sunland
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Big price drop! From € 195 000 to € 165 000Local/ restaurant for sale in a prime location in the established commercial centre La Fuente in Villamartin. Located near 3 championship golf courses and many thriving urbanisations with many permanent residents. The price includes all fittings, furniture, a fully equipped kitchen. A business you can take over or completely start something new in. An excellent opportunity that is turn-key ready in one of the best locations in the entire commercial centre! Contact us today for more information.More information soon.Community costs: € 790/year
Property Features
- 0 bedrooms
- 0 bathrooms
- 66m² Build size
- 80m² Plot size
- Covered terrace
- Furnished
- Close to Shops
- Private Terrace
- Close to Golf
- Close to Town
- Fitted Kitchen
- Excellent
- Close to restaurant
- Easy access
- Commercial area
- Parking street
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
13,900€
Final Payment of 90% on completion
152,100€
Property Purchase Expenses
Property price
169,000€
Transfer tax 8%
13,520€
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.