8 bedroom Commercial Property for sale in Granada, Granada, Spain

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Ref: MLSC1792379

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Discover a gem in the heart of Granada! This exclusive residential building, located in one of the most desirable and central areas of the city, is the perfect opportunity for investors looking for high profitability in the real estate market With a solid return on investment guaranteed by tenants with annual contracts, this property perfectly combines a privileged location, modernity and profitabilityThe building, with a floor area of 460 m², is distributed over four floors, including a commercial ground floor that adds extra appeal to the investment The apartments on the upper floors are in good condition and offer a cozy and modern atmosphere This exclusive asset is ideal for those who want to secure a steady and reliable income in one of Spain's most vibrant citiesDon't miss this unique opportunity to invest in a building that not only promises an attractive financial return, but is also in an unbeatable location Make this building your next real estate success!

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Property Features

8 bedrooms
8 bathrooms
489m² Build size
Zonas Deportivas
Electricity
Good
Near Church
Near Transport
Telephone

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

187,000€

Final Payment of 90% on completion

1,710,000€

Property Purchase Expenses

Property price

1,900,000€

Transfer tax 10%

190,000€

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:

1,900,000€

Deposit:

€

Interest Rate:

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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%.