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Property marketed by The Property Group
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A unique investment opportunity in Torrevieja, strategically located near the bus station and just minutes from the sea This commercial property boasts a spacious built area of ??227 m², making it ideal for various business activities or as a strategic base for your company The property is in its original condition, offering the new owner the chance to customize the space to meet their specific needs It also benefits from excellent transport links, thanks to nearby bus stops and its proximity to key amenities such as shopping centers, schools, and hospitals Priced competitively at €263,000, this property is perfect for both local entrepreneurs and investors looking for a quick return on investment, given its prime location
Property Features
- 0 bedrooms
- 0 bathrooms
- 227m² Build size
- Double Bedrooms: 8
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
23,300€
Final Payment of 90% on completion
236,700€
Property Purchase Expenses
Property price
263,000€
Transfer tax 8%
21,040€
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.






