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Ref: AG19145855
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Commercial Corner Plot for Development – Investment Opportunity in Orihuela Costa (Costa Blanca) We present a strategic opportunity for developers and investors in one of the areas with the greatest growth potential on the Costa Blanca, between Torrevieja, Playa Flamenca, La Florida and Pilar de la Horadada. This is an urban corner plot, ideal for developing a complex of commercial units, corporate offices or mixed-use spaces, designed to achieve high medium- and long-term profitability. Strategic Location Located in Orihuela Costa, in the La Florida – Las Chismosas district, close to: AP-7 Motorway (quick access) La Zenia Boulevard Shopping Centre Playa Flamenca and consolidated residential areas A location with a stable and seasonal high residential density, ensuring a constant flow of potential users, both local and international. Development Potential The plot is included in the “Las Chismosas” Internal Reform Plan, classified as Urban Land and buildable according to the PGOU. Estimated buildable area: approx. 580 m². This allows for the development of: Several ground-floor commercial units Corporate offices for headquarters or branch locations Medical centre, private clinic or specialised services Showrooms and representative spaces Business model for sale or rental (build & retain / build & sell) Advantages for the Investor / Developer Corner plot → maximum visibility and easy access Consolidated urban environment → services and utilities already in place Area with sustained demand and expansion → stable long-term returns Active international market → year-round buyers and tenants Ideal for a turnkey development aimed at: Commercial rental income Establishment of own corporate offices + rental of complementary spaces Or selling individual units after construction Value Summary This plot represents a genuine opportunity to establish a strategic position in one of the most dynamic real estate markets on the Costa Blanca. An asset with clear potential, liquidity and long-term value, suitable for both investment portfolios and development with product rotation.
Property Features
- 0 bedrooms
- 0 bathrooms
- 1,206m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
40,000€
Final Payment of 90% on completion
387,000€
Property Purchase Expenses
Property price
430,000€
Transfer tax 8%
34,400€
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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