Commercial Property for sale in El Altet, Alicante, Spain

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Discover an excellent investment opportunity in the heart of El Altet, Alicante This commercial space spans two floors and boasts a total built area of ??11199 m², ideal for any type of business looking to establish itself in a strategic location The property is in good condition and stands out for its abundant natural light, being entirely exterior-facing Its proximity to shopping centers and schools guarantees a constant flow of potential visitors; perfect for attracting daily customers and increasing the visibility of the establishment With an attractive price of just €169,000, now is the perfect time to take the step towards your own business or expand your entrepreneurial horizons

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Property Features

0 bedrooms
0 bathrooms
112m² Build size
Furnished
Double Bedrooms: 5

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

13,900€

Final Payment of 90% on completion

152,100€

Property Purchase Expenses

Property price

169,000€

Transfer tax 8%

13,520€

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:

169,000€

Deposit:

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Mortgage Result

* 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%.