Located at the beginning of Avenida Papa Luna, in one of the areas with the highest visibility and foot traffic in Peñíscola, this spacious 105 m² commercial premises is just 50 meters from the beach. An excellent opportunity for investors or entrepreneurs seeking a prime location by the sea.
Situated on the ground floor of a residential building and facing east, the premises enjoy a strategic position for commercial activity as well as other potential uses. The space currently requires renovation, offering the possibility to fully adapt it to the buyer’s needs.
The property offers various usage options: from a commercial space or offices to its conversion into closed garages. Additionally, there is the possibility of transforming it into a residential unit, provided that the urban planning requirements established by the Peñíscola Town Hall are met.
The area stands out for its high activity during the tourist season and its proximity to all essential services: supermarkets, restaurants, pharmacies, medical center, and public transport. A strategic location for developing any type of project.
Information on taxes and additional purchase costs
In compliance with the information obligations set out in Law 10/2025, of 28 December, on customer service and transparency, as well as with the applicable sector-specific regulations, it is hereby stated that the indicated price does not include the taxes and expenses inherent to the acquisition of the property, which shall be borne by the buyer and which, for guidance purposes, are as follows:
- Property Transfer Tax (ITP):
The tax rate in force in the Valencian Community shall apply (generally 10%, without prejudice to any reduced rates or tax relief that may apply depending on the buyer’s personal circumstances or the characteristics of the property). The tax shall be calculated on the Cadastral Reference Value or the purchase price, whichever is higher.
Notary fees shall be calculated in accordance with the official tariff regulated in Annex I of Royal Decree 1426/1989, of 17 November, approving the Notarial Fees Schedule.
Registration of the title at the Land Registry shall be charged in accordance with the official tariff established in Royal Decree 1427/1989, of 17 November, approving the Land Registrars’ Fees Schedule.
- Administrative Management Fees (Gestoría):
Should the buyer choose to appoint a professional or company to handle the administrative processing of the transaction, including tax settlement and registration at the Land Registry, the corresponding fees shall be freely agreed with the service provider, depending on the services effectively rendered.
- Seller’s Real Estate Agency Fees:
Included in the sale price.
- Buyer’s Real Estate Agency Fees:
Not charged.
For detailed and up-to-date information on the operation, applicable tax rates and possible tax relief related to the Property Transfer Tax in the Valencian Community, please consult the official website of the Valencian Tax Agency:
👉 https://atv.gva.es/es/itpajd