Apartment for sale in Algorfa, Alicante, Spain

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Ref: EMA7485U

Property marketed by España Dream Properties

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The lease of this fantastic, well established clothes boutique is now for sale. Located in a prominent road side position on the Prestigious La Finca Golf Resort. The shop is laid out over three separate business units, and has been established for eighteen years. It has a luxury clothing range of formal wear as well as quality casual wear, that caters for sizes small to seven XL, and a long standing customer base of all nationalities that come from all over the Costa Blanca South.EXTRAS INCLUDE :HUGE INVENTORY OF STOCK COVERING ALL SEASONSALL FIXTURES AND FITTINGS TILLCHANGING ROOMSLARGE STORE ROOMTOLDOS ON TERRACEThis is a fantastic business opportunity and perfect for anyone wishing to take over an established business. We highly recommend a viewing to fully appreciate this opportunity.

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Property Features

0 bedrooms
0 bathrooms
Fully Furnished
Heating, Split system
Aircondition, Split system
Golf Course
Alarm System
Excellent Condition
Main road

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

500€

Final Payment of 90% on completion

31,500€

Property Purchase Expenses

Property price

35,000€

Transfer tax 8%

2,800€

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:

35,000€

Deposit:

€

Interest Rate:

Period:

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%.