Commercial Property for sale in Coin, Málaga, Spain

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Ref: MLSC5484758

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Rustic Plot with Industrial Warehouses in a 3,000m² plot with AFO Certification thus providing legal compliance The entire property is securely fenced Key Features: Two Industrial Warehouses: The property comprises two single-storey industrial warehouses with a 495m² total constructed area Warehouse 1 Amenities: Includes a bathroom and an office space of approximately 11m² on a mezzanine level, accessed via stairs Additional Storage Spaces: There are two warehouses and two covered sheds, totalling 145m² (computed at 50% covered area) Water Storage: The property boasts three cisterns with capacities of 60,000 litres, 20,000 litres, and 10,000 litres, in addition to well water and town water sources Easy Access: The property is easily accessible, facilitating varied use of the installations

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Property Features

0 bedrooms
0 bathrooms
567m² Build size
3,000m² Plot size

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

26,500€

Final Payment of 90% on completion

265,500€

Property Purchase Expenses

Property price

295,000€

Transfer tax 10%

29,500€

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:

295,000€

Deposit:

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* 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.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.