Commercial Property for sale in Estepona, Málaga, Spain

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Ref: MLSC4733345

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Rare opportunity investment in a centric area of Estepona! With a 5 minute walk to the city centre we present you here a large two storey industrial estate with several different qualities, because of the location it could offer itself for a business, or several ones, or maybe someone with a bigger plan will want to construct something different here It has been used in the passed as a workshop downstairs and upstairs a school, a private childrens school, there are toilets and there is a bar and a large kitchen, also does it have a 40m2 office upstairs The total amount of m2 built is 520M2, this is a wopping 260m2 per level Downstairs there is a lovely patio area and upstairs even a bigger one, but facing the other side Located on the top of a mountain on the border of the centre of Estepona, close to all amenities including theatre, playgrounds, schools, etc This has heaps of potential, who sees this If you have an idea or suggestion, do please contact us, we are here to help you to realise your next big dream!

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Property Features

0 bedrooms
1 bathroom
520m² Build size
Category - Bargain
Category - Investment
Category - Resale
Condition - Good
Features - Covered Terrace
Features - Near Transport
Features - Private Terrace
Kitchen - Fully Fitted
Setting - Close To Schools
Setting - Close To Shops
Views - Mountain

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

86,500€

Final Payment of 90% on completion

805,500€

Property Purchase Expenses

Property price

895,000€

Transfer tax 10%

89,500€

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:

895,000€

Deposit:

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* 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.

Spanish Property News & Updates by Spain Property Portal.com

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%.