Commercial Property for sale in Alcala la Real, Jaén, Spain

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Ref: CM173

Property marketed by Inland Andalucia

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This former Bar is situated in the popular city of Alcala la Real in the south of Jaen province in Andalucia, Spain. Located in a central position close to the Town Hall the 189m2 build ground floor commercial unit, that was a Bar is being sold part furnished with male and female toilets, a good size storage room, seating, a kitchen and a large crescent shaped counter.

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Property Features

0 bedrooms
0 bathrooms
189m² Build size
178m² Plot size
Good Rental Potential
Internet
Investment Property
Just needs updating
Lounge Diner
On Street Parking
Part Furnished
Storage Room
Well Presented

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

5,300€

Final Payment of 90% on completion

74,700€

Property Purchase Expenses

Property price

83,000€

Transfer tax 10%

8,300€

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:

83,000€

Deposit:

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Mortgage Result

* 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.

Spanish Property News & Updates by Spain Property Portal.com

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%.