description

Refurbished, ready-to-use commercial premises on Pasaje Juan Sebastián Elcano, a pedestrian street in Vélez-Málaga, with a second, fully fitted floor above. Downstairs, an open unit with two shop windows onto the street, step-free access, porcelain flooring, LED lighting, air conditioning and an LED sign already installed. Upstairs, a single-space studio with a fitted kitchen, a full bathroom with shower and air conditioning — ideal as an office, a meeting room or a rest area. Around 76 m2 of usable space over the two levels (the property is registered as commercial premises, with 42.50 m2; the upper floor is an internal mezzanine with no recognised residential use). Surrounded by shops and services, 5 minutes from Torre del Mar and the beach. Estimated costs payable by the buyer: Sold by a company; second transfer exempt from VAT (art. 20.One.22 VAT Law), subject to Property Transfer Tax (ITP) at 7% (Law 5/2021) on the higher of the deed price and the cadastral reference value (art. 10 TRLITPAJD). If the buyer is a business entitled to deduct VAT, the seller may waive the exemption (art. 20.Two VAT Law): 21% VAT under reverse charge (art. 84.One.2.e VAT Law) + Stamp Duty (AJD), instead of ITP. Notary (RD 1426/1989): €500-2,000. Land Registry (RD 1427/1989): €250-1,500. Optional administrative agency: €300-500. Municipal capital gains tax and brokerage fees payable by the seller. Estimated total cost for the buyer (ITP scenario): €165,000. Indicative estimate provided under art. 20.1.c) TRLGDCU. SDM.