Commercial Property for sale

Commercial Property for sale

Orihuela, Alicante
480,000
 
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
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Ref: CBS2403EAS/11667
Property marketed by Spanish Legal Homes Spanish Legal Homes
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¡UNiQUE OPPORTUNiTY iN TORREMENDO! 800 sqm plot in the urban center of Torremendo, Orihuela Costa, Alicante.Land Description:Area: 800 sqm of 100% buildable urban land.Offered Price: 480,000 euros.Housing Project:Approved Preliminary Project: Possibility to develop a project with 16 homes distributed over two levels with a solarium.Distribution: 8 homes on the ground floor and 8 on the first floor.Functional Design: Each home consists of 2 bedrooms, 2 full bathrooms, a kitchen with a breakfast bar, a spacious living-dining room, and a terrace.Additional Storage: All homes include a storage room on the solarium level.Additional Features:Ground-Floor Homes: Expandable front terrace for enjoying the outdoors.First-Floor Homes: Private solarium accessible from the terrace.Unbeatable Location:Urban Center: The plot is located in the heart of the charming village of Torremendo.Picturesque Project: Enjoy the tranquility and authenticity of this picturesque village.This is a unique opportunity to invest in a housing project in a privileged location. Feel free to contact us for more details or to schedule a visit to the land!

Property Features

  • 0 bedrooms
  • 0 bathrooms
  • 800m² Plot size
  • Vistas al mar
  • Furniture

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
45,000€
Final Payment of 90% on completion
432,000€
 
Property Purchase Expenses
Property price
480,000€
Transfer tax 8%
38,400€
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.

Mortgage Calculator

Mortgage Amount:
480,000€
Deposit:
Interest Rate:
%
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Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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%.

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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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