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Ref: AG19145439
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This commercial unit in Ciudad Quesada is a prime opportunity for those seeking to establish or expand a small business in a bustling area. Situated within a parade of commercial units at the apex of the Dona Pepa area, it enjoys proximity to one of Quesada's most sought-after residential zones.Offered on a freehold basis, the property ensures outright ownership, providing stability and autonomy over the business's trajectory. Currently operating as a launderette, its adaptable layout lends itself to a multitude of business ventures. Moreover, the steady influx of potential clientele, comprising both residents and tourists, augments its commercial appeal.Prospective buyers have the option to acquire the property furnished, with the existing launderette setup, or unfurnished, presenting a blank canvas for the realization of their entrepreneurial vision.This property represents a highly promising prospect for entrepreneurs in the hospitality sector, offering a strategic locale ripe for capitalization
Property Features
- 0 bedrooms
- 1 bathroom
- 70m² Plot size
- Near amenities
- Aircondition, Split system
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,000€
Final Payment of 90% on completion
108,000€
Property Purchase Expenses
Property price
120,000€
Transfer tax 8%
9,600€
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.