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Ref: EMA2067K
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Large commercial unit in town center of Torrevieja . Large commercial premises in the heart of Torrevieja, with 1 bathroom and storage room, partially furnished and equipped for any type of business. It has hot/cold air conditioning and is distributed in four rooms, at street level in a square that will soon be remodeled. Close to other shops and a few minutes walk to the Church Square and the city promenade.
Property Features
- 0 bedrooms
- 1 bathroom
- Swimming Pool
- 1 hour drive to Murcia airport
- Less than 1 km. from the sea
- Air conditioning
- Close to Public Transport
- Less than 1 hour to Alicante airport
- Good rental
- Near amenities
- Short walk to restaurants and shops
- Storage room
- Furnished
- Near commercial centres, restaurants and other amenities
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,900€
Final Payment of 90% on completion
143,100€
Property Purchase Expenses
Property price
159,000€
Transfer tax 8%
12,720€
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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