Elche, Alicante 03201 9,924 SF Retail Building $418,629 ($42.18/SF)

HIGH CEILINGS. BASEMENT WITH FREIGHT ELEVATOR In compliance with the information obligations set forth in Law 10/2025, of December 28, on customer service and transparency, and in the current sectoral regulations, it is stated that the indicated sale price does not include the expenses and taxes inherent to the acquisition, which will be borne by the buyer. Below is a detailed breakdown of taxation and common expenses. Taxes on residential properties 1) First transfer (new construction): - Value Added Tax (VAT): 10% (general rate). - Reduced VAT rate: 4% for Officially Protected Housing regulated by the corresponding legislation. - Stamp Duty (AJD): 1.4% (general rate). - Super-reduced AJD rate: 0.1% applicable to developments subject to the bonus for the first habitual residence. 2) Second transfer (resales, second-hand): - Transfer Tax (ITP): general rate of 9%; reduced rates may apply depending on regional regulations and the buyer's circumstances. - The tax is levied on the cadastral reference value or the sale price, whichever is higher. Taxes on commercial properties, warehouses, and offices 1) First transfer (new construction): - Transactions carried out by developers, builders, or businesses in the first delivery are subject to VAT at 21% and AJD at 1.4%. - Business buyers entitled to deductions may recover the VAT paid in accordance with applicable regulations. 2) Second-hand transfer: - When VAT does not apply, the transfer is taxed under ITP: 9% up to €1,000,000 of taxable base and 11% on the excess. 3) Second-hand transfer between businesses with waiver of VAT exemption: - Taxed under VAT at 21% and AJD at 1.4%. - Business buyers entitled to deductions may recover the VAT paid in accordance with applicable regulations. Common expenses for resales and sales of new construction, commercial properties, warehouses, and offices - Management expenses (administrative services): fees for administrative processing, tax settlement, and registry inscription, approximately €423.50 (VAT included). - Seller's agency fees: included in the sale price and borne by the seller. - Buyer's agency fees: fees derived from purchase orders (Real Estate Personal Shopper) are not linked to the sale price and, if applicable, are borne by the buyer.