Commercial Property for sale in Nerja, Málaga, Spain

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Ref: SD31-52156

Property marketed by NERJA BEACH PROPERTIES

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It is a premises in the 4 Caminos building, specifically at number 4 on the right side of the block. The area has undergone changes and extensions, and there is the possibility of disappropriating the house marked with the number 10 according to an ongoing project. Currently, the premises are used as a storage room, but it is noted that the area has been transformed into a pedestrian street. Despite the fact that the deeds classify it as local, the option of converting it into a home is being considered. If you are interested in obtaining detailed information about the legal status and the possibilities of change of use, it is advisable to consult with the City Council. There you will be able to get up-to-date data on the disappropriation project, local regulations, and the necessary permits to make modifications to the use of the premises. Staying informed about any developments in the area is essential to making informed decisions about the use and future of the property.

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Property Features

0 bedrooms
0 bathrooms
53m² Build size
53m² Plot size
Closeby : Street/market
Closeby : Restaurants/bars.
Closeby : Drugstore
Closeby : School

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 10%

15,900€

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:

159,000€

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%.