Commercial Property for sale

Commercial Property for sale

Torrevieja, Alicante
450,000
 
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
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Property marketed by The Property Group
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Excellent opportunity to buy a large commercial property in one of the established areas of Torrevieja, next to the "Colegio Inmaculada" school" and the "Parque de las Naciones" parkThe property consists of 3 commercial units sold exclusively as one property, offering a total built area of approximately 39855 m², with 38698 m² of usable space The property benefits from 2 corner positions and extensive frontage onto several streets, providing excellent visibility and a strong commercial presence This makes it an interesting opportunity both for establishing a business and for long-term investment

Areas





Unit 2: 24320 m² built / 23743 m² usable





Unit 2D: 6000 m² built / 5753 m² usable





Unit 2C: 9535 m² built / 9202 m² usable





Total: 39855 m² built / 38698 m² usable





The premises are currently offered in shell condition, allowing the future owner to create the layout and interior completely according to the requirements of the intended project The generous size and configuration provide considerable flexibility for a wide range of commercial, professional or business uses, subject to the relevant licences and regulations

Given its size, configuration and location, the property could offer potential for a residential conversion project, subject to obtaining the relevant planning and urban development authorisations and compliance with current habitability regulations

A completely renewed building façade

The building is currently undergoing façade renovation works The existing exterior will be replaced by a much more modern, contemporary and attractive design in white and grey tones, significantly improving the appearance of the buildingThe renovation will enhance the overall image of the property and may contribute to increasing the attractiveness and long-term value of the building and its commercial premises once completed



The premises are located in Torrevieja, next to the "Colegio Inmaculada" school and close to the "Parque de las Naciones" park, in an established urban area with activity throughout the yearThe combination of almost 400 m², 2 corners, visibility, flexible layout and a newly renovated façade makes this an interesting opportunity for investors, companies and professionals looking for a large commercial space in Torrevieja

The 3 commercial units are sold together and cannot be purchased separately

Images showing the future appearance of the building have been generated using artificial intelligence and are for illustrative purposes only The final result may differ from the images shown

Property Features

  • 0 bedrooms
  • 0 bathrooms
  • 398m² Build size

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
42,000€
Final Payment of 90% on completion
405,000€
 
Property Purchase Expenses
Property price
450,000€
Transfer tax 8%
36,000€
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:
450,000€
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.

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%.

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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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