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Ref: AG19MLSC787990
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UNIQUE OPPORTUNITY FOR INVESTORS!!!. . Ground floor commercial premises of 98 m² for sale, located on the beach side of La Zenia, within walking distance to the beach. It comes with an approved and paid license for change of use to up to 3 residential units.. . Attached is the floor plan for the 3 units: 2 studios and 1 one-bedroom apartment, although it can be modified according to the final client's preferences.. . The property has direct access from the main entrance of the building as well as from the communal pool area, providing both versatility and convenience.. . It also features access to a communal swimming pool and communal parking.. . Its prime location, close to the sea and all amenities, makes it ideal for both residential and tourist use.
Property Features
- 0 bedrooms
- 1 bathroom
- 98m² Build size
- Parking, Uncovered
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,500€
Final Payment of 90% on completion
121,500€
Property Purchase Expenses
Property price
135,000€
Transfer tax 8%
10,800€
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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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.