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INVESTMENT OPPORTUNITY - BANK REPOSSESSED Hotel for sale in Mijas (Málaga). 4-star hotel located on the Camino Viejo de Coín, in Las Laguna de Mijas, in Mijas Costa, belonging to the Malaga town of Mijas. The property features a reception, 24 rooms with en-suite bathroom, bar, dining hall, restaurant, multifunction hall for celebrations, large commercial kitchen, laundry room, business center, gym, spa (with indoor heated pool, sauna and Jacuzzi), parking, large terrace-solarium, outdoor summer swimming pool and green areas, and frontline to the Los Lagos golf course. It is located in a quiet area, overlooking the mountains and the Los Lagos golf course, and close to many local attractions (El Cartujano, Hammam Almanzor, Hipódromo Costa del Sol, Adventure-Spain.com, Bioparc Fuengirola, Dr. Fish Foot Spa Mijas, Fuengirola Market, Castillo Sohail ...). It is close to access to the A-7053 and AP-7 roads. It is 100 m from the bus stop, 4 km from the Fuengirola train station and its beaches, 25 km from the Malaga-Costa del Sol Airport and 35 km from the center of Malaga city. It is ideal to provide service to residents and tourists in the area. Do you need more info? Get in touch with us today.
Property Features
- 0 bedrooms
- 0 bathrooms
- 2,852m² Build size
- 5,000m² Plot size
EPC Rating
Energy Rating Scale |
---|
A |
B |
C |
D |
E |
F |
G |
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
377,000€
Final Payment of 90% on completion
3,420,000€
Property Purchase Expenses
Property price
3,800,000€
Transfer tax 10%
380,000€
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.
Mortgage Calculator
Spanish Property News & Updates by Spain Property Portal.com
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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.