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Ref: R22111
Property marketed by Casas Almeria
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Two warehouses in the tranquil village of Santa María de Nieva with its small shop, café bar, pharmacy, medical centre and school. Huercal Overa is a short approx. 8 minutes drive and it has all the amenities ?€? Shops, bars and restaurants, medical centres, hospital, parks etc.
One of the warehouses is registered in the cadastral office as a 110 m2 house and the other is warehouse was previously used for animals, has a total of 140 m2, and they are separated.
They are on a rustic plot of 1500 spr mtrs approx. With good access from the main road and with excellent views.
The water and electricity services are located near the property and can be connected.
The corresponding deed is being done to said construction for the first time, therefore the bank will not grant a mortgage until 2 years have elapsed, and therefore it would be necessary to have the funds to be able to buy said properties.
One of the warehouses is registered in the cadastral office as a 110 m2 house and the other is warehouse was previously used for animals, has a total of 140 m2, and they are separated.
They are on a rustic plot of 1500 spr mtrs approx. With good access from the main road and with excellent views.
The water and electricity services are located near the property and can be connected.
The corresponding deed is being done to said construction for the first time, therefore the bank will not grant a mortgage until 2 years have elapsed, and therefore it would be necessary to have the funds to be able to buy said properties.
Property Features
- 0 bedrooms
- 0 bathrooms
- 110m² Build size
- 1,500m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
2,995€
Final Payment of 90% on completion
53,955€
Property Purchase Expenses
Property price
59,950€
Transfer tax 8%
4,796€
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.