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Property marketed by The Property Group
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This licensed commercial unit in Villamartín is a rare traspaso opportunity, currently operating successfully as a parapharmacy and beauty treatments business for over nine years Situated in a prime location, it comes with a billboard included in the rental contract for added visibility and a vending machine that provides a steady extra monthly income The business is fully operational with all advertising in place, an active social media presence, and a loyal client base, making it an excellent option for investors or those looking to start their own venture The property features a terrace and is wheelchair accessible, offering both versatility and potential to continue the current activity or adapt it to a new concept
Property Features
- 0 bedrooms
- 0 bathrooms
- 150m² Build size
- Shops: 3 Minutes
- Near schools
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
1,500€
Final Payment of 90% on completion
40,500€
Property Purchase Expenses
Property price
45,000€
Transfer tax 8%
3,600€
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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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.