4 bedroom Cave House for sale in Orihuela Costa, Alicante, Spain

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Ref: SIH-76906

Property marketed by Sunland

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In La Zenia, with a 1.000 m2 corner plot on two streets, lies this home with a business included. It used to be a well-known inn. It has a total area of 335 m2, divided into a ground floor with capacity for more than 100 guests, a bathroom, and a fully equipped kitchen. The first floor has 4 bedrooms, 2 bathrooms, a large separate kitchen, a spacious living room, and 2 sun terraces. The garden has space for another 200 guests and private parking. Its location is ideal for any type of business, hotel, or rental.

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Property Features

4 bedrooms
2 bathrooms
335m² Build size
Garden
Garage
Terrace
Solarium
Video Intercom
Appliances

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

72,000€

Final Payment of 90% on completion

675,000€

Property Purchase Expenses

Property price

750,000€

Transfer tax 8%

60,000€

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:

750,000€

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%.