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Ref: MLSC2643174
Property marketed by The Property Group
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Discover this excellent investment opportunity in the heart of Orihuela This ground-floor commercial space has been approved for residential use, opening up a wide range of possibilities for its transformation and development With a versatile usable area ideal for customized renovations, it offers the potential to create up to two double bedrooms and a full bathroom Its strategic location provides immediate access to nearby buses, shopping centers, and schools Take advantage of this property as the perfect project for your new home or as a potentially profitable investment; you'll not only enjoy the urban charm but also have all the amenities within easy reach
Property Features
- 2 bedrooms
- 1 bathroom
- 165m² Build size
- Year Built-2025
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
1,700€
Final Payment of 90% on completion
42,300€
Property Purchase Expenses
Property price
47,000€
Transfer tax 8%
3,760€
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
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.










