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Ref: 4681
Property marketed by Smilo Real Estate SL
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This shop is at Calle el Beril, 38679, Costa Adeje, Santa Cruz de Tenerife, at La Caleta, on floor ground floor. It is a shop that has 340 m2 of which 220 m2 are useful and has 2 bathrooms.
It has terraza, exterior, centrally located, good condition, a pie de calle, warehouse, diáfano, luminous and toilet.
It has terraza, exterior, centrally located, good condition, a pie de calle, warehouse, diáfano, luminous and toilet.
Property Features
- 0 bedrooms
- 2 bathrooms
- 340m² Build size
- a pie de calle
- almacén
- aseo
- buen estado
- céntrico
- diáfano
- exterior
- luminoso
- terraza
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
123,450€
Final Payment of 90% on completion
1,138,050€
Property Purchase Expenses
Property price
1,264,500€
Transfer tax 10%
126,450€
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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.