Elche 03207 Retail Building $104,180

PERMANENT DRIVEWAY. GRES FLOORING It is noted that the indicated sale price does not include the expenses and taxes inherent to the acquisition, which will be borne by the buyer. Taxes on residential properties 1) First transfer (new construction) - Value Added Tax (VAT): 10% (general rate) applied to most new construction homes, including up to two parking spaces and annexes sold together in the same building; 4% (reduced rate) applied to Special Regime or Public Promotion Officially Protected Housing (VPO). - Documented Legal Acts Tax (AJD): 1.4% (general rate); 0.1% (super-reduced rate) applicable when the new construction property is intended as the primary residence. 2) Second transfer (resales, second-hand properties) - Property Transfer Tax (ITP): general rate of 9%, with reduced rates of 8%, 6%, 4%, or 3% depending on the buyer's personal circumstances and the property's characteristics. The tax is calculated based on the higher of the cadastral reference value or the sale price. Taxes on commercial spaces, warehouses, and offices 1) First transfer (new construction) of commercial space, warehouse, or office - Transaction subject to VAT at 21% and Documented Legal Acts Tax (AJD) at 1.4% when the seller acts as a developer, builder, or business entity making the first delivery. 2) Second transfer of used commercial space, warehouse, or office - If not subject to VAT, the transaction is subject to Property Transfer Tax (ITP): 9% up to a taxable base of €1,000,000 and 11% on the excess over €1,000,000. 3) Second transfer between businesses with waiver of VAT exemption - The transaction is subject to VAT at 21% and AJD at 1.4%. Common expenses for resales, new construction sales, and sales of commercial spaces, warehouses, and offices - Management fees (administrative services): fees for administrative processing, tax settlement, and registry inscription, approximately €423.50 (VAT included). - Agency fees: included in the sale price and borne by the seller. - Buyer's agency fees: in the case of contracting purchase assignment services (PSI, Personal Real Estate Shopper), these fees will be borne by the buyer.