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Ref: CM176
Property marketed by Inland Andalucia
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This spacious 301m² commercial property is located on the outskirts of Torredelcampo, a growing town with 14,000 residents. The area is well-served with shops, schools, restaurants, and recreational options, making it a convenient location for a business.
The property is a blank canvas, offering the opportunity to tailor the space to the buyer's needs. Its size and location allow for a variety of potential uses, from retail to a multifunctional space. This is an excellent option for those looking to invest in a property with potential in a developing area.
The property is a blank canvas, offering the opportunity to tailor the space to the buyer's needs. Its size and location allow for a variety of potential uses, from retail to a multifunctional space. This is an excellent option for those looking to invest in a property with potential in a developing area.
Property Features
- 0 bedrooms
- 0 bathrooms
- 301m² Build size
- 391m² Plot size
- Renovation Needed
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
18,500€
Final Payment of 90% on completion
193,500€
Property Purchase Expenses
Property price
215,000€
Transfer tax 10%
21,500€
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.
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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.