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Ref: SD31-55899
Property marketed by David Santiago Inmobiliaria

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Commercial premises for sale located on Calle María Zambrano, in Vélez-Málaga, with an area of 92 m2 and a very competitive price of 95,000 euros. This versatile space offers multiple possibilities for investors or entrepreneurs looking for a property with excellent potential. Thanks to its size and distribution, this place is ideal to adapt to various activities. With flexible use options, it can be converted into one or two apartments, a spacious carport, or any type of business. The possibility of transformation into residential units makes it particularly attractive, as the demand for well-located homes in Vélez-Málaga is on the rise. In addition, investing in apartments offers an excellent return for long-term or short-term rentals. The property is located in an area of great accessibility and with all services nearby, which makes it an ideal place for both residences and commercial activities. The strategic location in a sprawling area ensures visibility and convenience, with easy access to public transportation, supermarkets, medical centers, and shopping areas. If you are looking for a solid investment, this premises in Calle María Zambrano is a unique opportunity that you cannot miss. Contact us for more information or to schedule a visit! 4th
Property Features
- 0 bedrooms
- 0 bathrooms
- 92m² Build size
- 92m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
6,500€
Final Payment of 90% on completion
85,500€
Property Purchase Expenses
Property price
95,000€
Transfer tax 10%
9,500€
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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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.