Commercial Property for sale

Commercial Property for sale

Atalaya, Málaga
2,200,000
 
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
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Ref: M495252
Property marketed by Spanish Estates Spanish Estates
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Boutique Hotel / Restaurant in La Cartuja del Golf, Atalaya.

The property originally built in 1999 is available freehold and consists of Large marbled entrance lobby with high ceilings, Restaurant area with feature fireplace and terrace for 10 tables, industrial kitchen and 14 Suites with kitchen and bathrooms, all with large terraces with golf or pool views.

The basement area has 2 storage coldrooms, wine cellar, staff changing rooms, bar area to pool terraces, spa area with wet and dry areas, offices, delivery bay and parking area for up to 10 cars.

In the communal areas there is a large swimming pool, children’s pool, feature fountains, gardens and parking for a further 20 cars.

The property has been unused in recent years and has partly been refurbished.

The estimated cost to complete the project is € 300,000. This property is in an ideal location between Marbella and Estepona with easy access and has great potential both as a boutique hotel ideal for golfers and as a top restaurant as there is nothing else to compare in the immediate vicinity.

Property Features

  • 0 bedrooms
  • 0 bathrooms
  • 1,750m² Build size

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
217,000€
Final Payment of 90% on completion
1,980,000€
 
Property Purchase Expenses
Property price
2,200,000€
Transfer tax 10%
220,000€
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

Mortgage Amount:
2,200,000€
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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.

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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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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