Other for sale in Torrevieja, Alicante, Spain

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Ref: AG19MLSC6206493

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Safe Investment in a High-Demand AreaLarge commercial space for sale measuring 304,60 m², with an approved project to divide it into 4 independent premises and/or storage rooms.Strategic Location: Located in one of the fastest-growing and most promising areas of Torrevieja, ensuring high profitability and multiple development options.Highlights:Total Area: 304,60 m²Division project includedVersatile use: possibility of separate rental or own businessExcellent location: high pedestrian and vehicular traffic, and easy accessUnique opportunity for investors and entrepreneurs seeking visibility, high business potential, and guaranteed profitability.Don't miss this opportunity to invest in an asset with a bright future!

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Property Features

0 bedrooms
0 bathrooms
304m² Build size
Near amenities

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

26,500€

Final Payment of 90% on completion

265,500€

Property Purchase Expenses

Property price

295,000€

Transfer tax 8%

23,600€

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.

Mortgage Calculator

Mortgage Amount:

295,000€

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.

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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%.