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Ref: MLSC2579666
Property marketed by The Property Group
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???? Unique Opportunity: 3-story Commercial Space in Front of the Torrevieja Cultural Center ???? We present this 143 m² commercial space, spread over three floors, with great potential for multiple uses thanks to its excellent location and renovation possibilities ? Space Layout: ???? Ground floor: main entrance with direct access to the stairs ???? First floor: houses the only toilet in the premises and an industrial freezer (possible negotiation with the owner if you wish to keep it) ???? Second floor: currently converted into an office, with access to a private terrace ? Possibility of installing a smoke vent, opening up options for hospitality businesses ???? Prime location: directly opposite the Virgen del Carmen Cultural Center, in an area with high pedestrian traffic and visibility ???? Perfect for converting into a café, shop, office, creative studio, or even a training center This space is a diamond in the rough with great potential It just needs a clear vision and a touch of renewal to truly shine ???? Interested? Contact us and discover everything you can do with this space!
Property Features
- 0 bedrooms
- 0 bathrooms
- 156m² Build size
- Entrance Hall
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
24,000€
Final Payment of 90% on completion
243,000€
Property Purchase Expenses
Property price
270,000€
Transfer tax 8%
21,600€
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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Spanish Property News & Updates by Spain Property Portal.com
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.