3 bedroom Other for sale in Almoradí, Alicante, Spain

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Ref: AG19MLSC9988601

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Discover this excellent investment opportunity in the heart of Almoradí. This mezzanine apartment is located in a central and vibrant area, ideal for those looking to start a business or transform this space into their dream home. With a constructed area of 114 m² and suitable amenities, the property comprises three spacious rooms that offer multiple options depending on the future owner's needs. Its good overall condition allows you to start working from day one without the need for major renovations. It also has a fully functional bathroom, perfect for meeting both commercial and residential requirements. The location is unbeatable: surrounded by schools and essential services, making daily life easier whether you decide to establish your own business here or choose to transform it into a family home while enjoying the nearby urban bustle.

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Property Features

3 bedrooms
1 bathroom
114m² Build size
Veranda
Elevator

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

4,300€

Final Payment of 90% on completion

65,700€

Property Purchase Expenses

Property price

73,000€

Transfer tax 8%

5,840€

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:

73,000€

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%.