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Ref: CBS2402EAS/11667
Property marketed by Spanish Legal Homes
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This is your chance to acquire an excellent commercial property on Calle Fragata in Torrevieja. With an 8.5-meter facade, this property features ideal characteristics to start any type of business. Additionally, it stands out for its 40 m2 inner patio, at no additional cost, adding significant value to the property.Key Features:Spacious Area: With an 8.5-meter facade, the property offers a spacious and versatile space, perfect for various commercial activities.inner Patio: The 40 m2 inner patio is an additional space that can be used for outdoor activities, meetings, or any idea you have in mind.Strategic Location: Located near the commercial area of Av. Habaneras, this property benefits from the constant flow of residents and visitors.Proximity to the Promenade: Just a 10-minute walk from the promenade, increasing visibility and accessibility.Near Torrevieja Market: With its proximity to the market, the property is in an area of constant activity.This commercial property offers a unique opportunity to establish your business in a strategic location. Don't miss the chance to take advantage of this versatile space with an additional inner patio. Contact us for more details or to schedule a visit. Whatever your commercial vision, this property in Torrevieja can make it a reality.
Property Features
- 0 bedrooms
- 0 bathrooms
- 280m² Build size
- Furniture
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
19,000€
Final Payment of 90% on completion
198,000€
Property Purchase Expenses
Property price
220,000€
Transfer tax 8%
17,600€
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.