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Property marketed by The Property Group
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Spacious 112?m² commercial unit (according to the land registry) located in one of the busiest and most visible areas of Guardamar del Segura, right on the main access road to the town—a mandatory route for both residents and tourists Just a few steps from the municipal bus station and the popular Reina Sofía Park, and only 600 meters from the beaches, this property benefits from high footfall and constant vehicle traffic throughout the year A great opportunity to establish a successful business or make a sound medium/long-term investment thanks to its commercial potential, high visibility, and proximity to key urban landmarks Perfect for retail, hospitality, office, or any business requiring maximum exposure and easy accessibility Privileged location with strong growth potential
Property Features
- 4 bedrooms
- 1 bathroom
- 112m² Build size
- Laundry Room
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
19,000€
Final Payment of 90% on completion
198,000€
Property Purchase Expenses
Property price
220,000€
Transfer tax 8%
17,600€
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.