What is commercial property?
Is property or in some cases land, destined to be used for business activities and purpose.
Where do you find commercial property in Javea?
Most commercial property in Javea is found in the Old Town, Port or Arenal Beach areas.
What types of commercial property are there in Javea?
Javea mostly offers shops, bars, restaurants or warehouse types of commercial units.
If you are looking to set up a new shop, bar or restaurant, there would be these types of commercial premises to choose from only.
Can you buy commercial premises in Javea?
There are some commercial properties for sale in Javea but most are offered on a rental basis. Below you can see our selection of commercial property for sale.
What are the running costs of a commercial property?
Yay! You’ve found a commercial premises to buy.
You know how much it will cost to buy but do you know how much it will cost to keep?
It’s a good idea to make calculations of how much regular and periodic bills for your new commercial property will be, taking into account obvious bills like electric and water.
IRNR Non-resident income tax (Impuesto sobre la Renta de No Residentes)
A yearly tax applied to owners of Spanish property, even if they a non tax residents (not official residents of Spain).
Assuming no income is made from the property or is made on Spanish territory. Tax is calculated on the value of your villa at 24,75% of a given percentage of the cadastral value, between 1-2% depending on when the value was established.
For example: If the cadastral value of your villa is 200,000 euros, the IRNR would be 24,75% of 1% = 495 euros.
The exact value depends on your villa’s cadastral value which is shown on a rates (IBI) bill from Javea town hall or Suma in Benitachell and other areas.
IRPF Personal Income Tax (Impuesto sobre la Renta de Personas Físicas)
If you are a Spanish tax resident, in this case you have to pay the IRPF and file a tax return like a Spanish citizen, based on your annual income.
IBI tax for immovable real estate assets (Impuesto Sobre Bienes Inmuebles)
Resident or non-resident of Spain, everybody has to pay this property tax once a year, and in Javea it’s paid to the town hall.
It’s a yearly rates or council tax, calculated on the cadastral value which is usually below market value, and means you’ll pay in the region of 600-2500 euros per year for a villa and anywhere from 250-1000 euros for an apartment or townhouse belonging to a community.
Additional expenses for owning a commercial property
Rubbish collection (Recogida de residuos sólidos)
Each property owner, whether you own a villa, apartment or commercial premises, has to pay a contribution towards rubbish collection.
Depending on what commercial activity you are doing, will depend on how much you will pay. For example an office can pay in the region of 1,500 euros but a restaurant can pay in excess of 5,000 euros.
There are payment schemes which can give you a small discount.
Don’t forget to organise and calculate insurance. Make sure it’s for the property and contents; for any eventuality.
Spanish commercial property insurance will be more than the average home insurance, depending on the size and value of the property and its contents.
Community charges (Gastos de comunidad)
Is paid for maintaining shared, communal spaces, pools, gardens, gyms, tennis courts etc.
A budget, voted each year during a residents meeting which you have the right to be a part of as a property owner, is divided between all home owners. Calculate anywhere between 60-150 euros a month.
Property administrator (Gestor)
If all the above is too much, whether you’re here full time or not, you can employ somebody to do all the necessary paperwork for you. Charged at around 100-150 euros a year.