Other for sale in Torrevieja, Alicante, Spain

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Ref: AG19MLSC629241

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Large ground floor commercial premises with direct access from the street with a constructed area of approximately 222 m2, about 180 m from the Promenade and the Natural Pools, close to local businesses with high pedestrian traffic. Completely open-plan, without previous use; this allows a customization of the space for your commercial activity. With electrical installations, plumbing, drainage and smoke extraction system. The entire facade can be glazed to create shop windows. Perfect location to open your business! Easily accessible and visible!

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Property Features

0 bedrooms
0 bathrooms
221m² Build size
Near bus route

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

29,500€

Final Payment of 90% on completion

292,500€

Property Purchase Expenses

Property price

325,000€

Transfer tax 8%

26,000€

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:

325,000€

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* 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%.