Building Plot for sale in Carolinas Bajas, Alicante / Alacant city, Alicante

Building for renovation or new development – 557 m2 buildable – plot of 192 m2 – Garbinet Street, 52 – Alicante – 289,000 €

Sale price: 289,000 €
Plot area: 192 m2
Total permitted buildability: 557 m2

Property description:
A complete building is for sale located in the urban area of Alicante, in the Garbinet area. Currently composed of:

Commercial premises on ground floor
Residence on first floor

The building is in a state of full renovation or is ideal for demolition and development of a new real estate project.
Town planning allows construction up to 557 m2, distributed as follows:
Ground floor + 1st floor + 2nd floor + 3rd floor + attic
Potential for 8 residential units

About the area:
Garbinet Street is a strategic location in Alicante, very close to the center and well connected.
It is a consolidated residential area, with all services at street level: supermarkets, pharmacies, schools, health centers and public transport.
Just a few minutes' walk from the Central Market, the ADDA auditorium and shopping and leisure areas.
Ideal for developing homes aimed at both end buyers and rental investment.

Sale price of the property: 289,000 €.

The published price does not include the following taxes and costs, which will be borne by the buyer:

– Property Transfer Tax (ITP): generally 10%, calculated on the higher value between the purchase price and the cadastral reference value, if this is higher.
– Notary fees, for copies of the deed and those agreed as per Article 1455 of the Civil Code (estimated amount: 900 €).
– Property registry fees (estimated amount: 400 €).
– Management fees (estimated amount: 350 €).
– Brokerage fees will be borne by the buyer.

In cases where reduced ITP rates may apply, they will be applied in accordance with current regional regulations.