Commercial Property for sale in Cabopino, Málaga, Spain

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Ref: M255216

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40 bedroom Hotel Located in a charming area between Cabopino Marina (Mijas) and Marbella, just steeps away from the beach and from Artola Dunes (Natural Monument since 2003). Typical Andalusian style building, built on a plot of 6,146 square meters of which edificicio occupies about 1,100 square meters, divided four floors of 1,100 square meters each:
Basement floor, warehouse and garages.
Ground Floor: Hall, reception, offices, dining rooms, bar, restaurant and kitchen.Parking: Garage, Pool: Private, Garden: Beautiful Garden
Views: Garden, Pool, Trees.
Features Barbecue, Garden, Parking, Pool, Spacious Accommodation, Staff Accommodations, Television, Terrace.

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Property Features

0 bedrooms
0 bathrooms
3,980m² Build size
6,146m² Plot size

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

397,000€

Final Payment of 90% on completion

3,600,000€

Property Purchase Expenses

Property price

4,000,000€

Transfer tax 10%

400,000€

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.

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Mortgage Amount:

4,000,000€

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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%.