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A project with countless possibilities in a AAA location.
On Pinoso’s Promenade de la Constitución — a location that couldn’t be better — you have the opportunity to take on a unique project. In this old bodega, which has already been completely stripped, you can create multiple residential units, apartments, or a combination with commercial use such as an office building, shop, showroom, or hospitality business.
You can also choose to demolish everything and build three new floors.
All paperwork regarding these options has been handled.
Water and electricity are already available, and these can of course be divided later among the separate residential units or commercial activity.
A project for a seriously skilled renovator with enough helping hands, or an investment project for a private buyer or developer.
This property is listed exclusively, which means all documents have been checked in advance and everything is either in order or can be arranged.
Property Features
- 0 bedrooms
- 0 bathrooms
- 392m² Build size
- 514m² Plot size
- Water aansluiting
- Elektriciteit
- Winkels dichtbij
- Renovatie nodig
Costing Breakdown
* 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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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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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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.