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Ref: 13188
Property marketed by Inmo Investments
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This fully renovated hostel offers a strong investment opportunity. The building includes five rooms, each with a private balcony, and three shared bathrooms. All installations, furniture, doors and windows have been replaced, and every room is equipped with a refrigerator, built-in wardrobe, table, chair and a new bed with a quality mattress.
The hostel is currently rented out and generates an income of approximately 1,900 euros per month. All tenants have valid contracts and security deposits, ensuring legal security and stable returns. The property is ready to continue operating without the need for further investment.
For more information, please contact our team!
The hostel is currently rented out and generates an income of approximately 1,900 euros per month. All tenants have valid contracts and security deposits, ensuring legal security and stable returns. The property is ready to continue operating without the need for further investment.
For more information, please contact our team!
Property Features
- 5 bedrooms
- 3 bathrooms
- 130m² Build size
- No pool
- Renovated
- Balcony
- Walking Distance to Amenities
- Built-in Wardrobes
- Rental Potential
- Walking Distance to Beach
- Modern design
- Under 1km to beaches
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
14,400€
Final Payment of 90% on completion
156,600€
Property Purchase Expenses
Property price
174,000€
Transfer tax 8%
13,920€
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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Spanish Property News & Updates by Spain Property Portal.com
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.























