8 bedroom Commercial Property for sale in El Verger, Alicante, Spain

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Ref: SV2137

Property marketed by Signature Villas SL

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ATTENTION INVESTORS! For sale (due to the retirement of the owners) this barrestaurantguesthouse in full operation. It consists of a bar area, industrial kitchen, interior dining room, large covered terrace with another bar, toilets. By internal staircase or external access we access the first floor where the pension is located. Has an independent apartment with an entrance hall, livingdining room, 3 bedrooms, two bathrooms and an independent kitchen. Leaving the corridor we find 5 double rooms with their own bathroom, laundry and a separate bathroom. At the back we find the largest room, for 4 people with access to the balcony and bathroom "en suite". The property is located close to all services. 2 km from Vergel and Deveses beach. For more information, please contact us.

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Property Features

8 bedrooms
8 bathrooms
720m² Build size
830m² Plot size
Near Beach
newly built
close to all amenities
alarm system
double glazing

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

196,000€

Final Payment of 90% on completion

1,791,000€

Property Purchase Expenses

Property price

1,990,000€

Transfer tax 8%

159,200€

Notary fees (approx)

600€

Land registry fees (approx)

600€

Legal fees (approx)

1,500€

* Transfer tax is based on the sale value or the cadastral value whichever is the highest.

** The information above is displayed as a guide only.

Mortgage Calculator

Mortgage Amount:

1,990,000€

Deposit:

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* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.