5 bedroom Commercial Property for sale in Málaga, Málaga, Spain

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Ref: MLSC6378230

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Located in Historic centre of Malaga, in one of the best areas of the city, this spacious commercial of 156 m2 built and 126 m2 mezzanine floor, is perfect for a wide variety of businessesThe premises has two bathrooms, one of them adapted for people with reduced mobility, and a storage room on the mezzanine floor It also has all the necessary amenities to ensure efficient operation of your business, such as smoke outlet, air conditioning and alarm system This premises are currently used as an art gallery It is perfect for a Restaurant or Bar, as well as any other business, shop or officeLocated in the center of Malaga, this place offers direct access from the street, which guarantees high visibility and a great flow of customers

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Property Features

5 bedrooms
2 bathrooms
256m² Build size

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

177,000€

Final Payment of 90% on completion

1,620,000€

Property Purchase Expenses

Property price

1,800,000€

Transfer tax 10%

180,000€

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:

1,800,000€

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%.