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Ref: MLSC859087
Property marketed by The Property Group
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Fantastic opportunity to acquire a freehold commercial unit in the heart of Cabo Roig "Centro Comerical La Regia" right on the famous Strip This well-positioned premises offers 50m² of ground floor space, an additional 50m² underbuild, and a 100m² terrace area, making it a highly versatile and valuable investmentThe unit is currently occupied by reliable, long-term tenants operating a successful business for over 6 years, providing immediate rental income and stability for the new ownerWith its prime, high-visibility location on one of the Costa Blanca's busiest commercial areas, this property guarantees excellent year-round foot traffic and endless potential for future returnsA superb addition to any investment portfolio, or ideal for future personal business use Opportunities like this in Cabo Roig are rare - don't miss out
Property Features
- 0 bedrooms
- 0 bathrooms
- 112m² Build size
- Near Golf / Golf Resort Property
- Near schools
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
17,900€
Final Payment of 90% on completion
188,100€
Property Purchase Expenses
Property price
209,000€
Transfer tax 8%
16,720€
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.