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Ref: MM-25890
Property marketed by Sunland
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FOR SALE This ground-floor commercial space, 128 m2, has been renovated and is located next to Torrevieja's main street. This is a great opportunity to open your own business, as part of the space can be converted into a 1-2 bedroom apartment and the rest can be used for commercial purposes. Suitable for hosting sports, creative, and educational centers (dance, yoga, art, Pilates, courses, master classes, etc.), beauty and massage rooms, medical procedures, and more. A complete modern renovation was carried out using high-quality materials. New doors and windows, plumbing, and water supply were installed, the electrical system and lighting were completely replaced, and an air conditioning system was pre-installed. Additional bathrooms are possible. PRICE: 135,000 euros Ref.-V248A For more information or to schedule a visit, please contact us at +34 656 638 173 or email us at info@amestate.es
Property Features
- 2 bedrooms
- 1 bathroom
- 128m² Build size
- Air conditioning pre-installation
- Intercom
- Smoke outlet
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,500€
Final Payment of 90% on completion
121,500€
Property Purchase Expenses
Property price
135,000€
Transfer tax 8%
10,800€
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.