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Ref: SIH-43530
Property marketed by Sunland
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Opportunity Hotel in the San Miguel de Salinas area with clear views. It has 300 m2 (with 200 m2 of living space and 100 m2 of terraces) with 6 spacious rooms, all with bathroom, TV, air conditioning, safe and refrigerator, 4 of the 6 rooms have a large terrace in which a jacuzzi can be installed. It has a waiting hall and a small room that serves as a kitchen-storage room. A Chill Out area could be added to the solarium.
Property Features
- 6 bedrooms
- 6 bathrooms
- 200m² Build size
- Parking
- Laundry
- Terrace
- Wardrobes cupboard
- Furniture
- Air-Conditioning
- Alarm Theft
- Safe Deposit Box
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
32,000€
Final Payment of 90% on completion
315,000€
Property Purchase Expenses
Property price
350,000€
Transfer tax 8%
28,000€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.