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Ref: TFSHO1057
Property marketed by 247 Casas
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Great commercial located 100m from the beach front in the heart of Torrevieja.
Consisting of one large room with a built-in bar area, and a fully-fitted kitchen, the space could be used for many different business ideas but it currently set out as a bar/restaurant.
There are two main entrances for customers and one private for staff.
Book a viewing with one of agents today!
Consisting of one large room with a built-in bar area, and a fully-fitted kitchen, the space could be used for many different business ideas but it currently set out as a bar/restaurant.
There are two main entrances for customers and one private for staff.
Book a viewing with one of agents today!
Property Features
- 0 bedrooms
- 0 bathrooms
- 77m² Build size
- 77m² Plot size
- Air Conditioning
- Fireplace
- Fitted Kitchen
- Clinic - Within 5 minute drive
- Hospital - Within 15 minute drive
- Pharmacy - Within 5 minute drive
- Bank - Walking Distance
- Bars & Restaurants - Walking Distance
- Beach - Walking Distance
- Golf - Within 30 minute drive
- Park - Walking Distance
- Shops - Walking Distance
- Road Parking
- School - Within 5 minute drive
- Internal Storage
- Airport - Within 60 minute drive
- Bus Station - Walking Distance
- Train Station - Within 30 minute drive
- Sea View
- Urban View
- Community Fee (PA) - €0
- Suma/IBI (PA) - €260
- Excellent
- Unfurnished
- Orientation - North West
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
24,550€
Final Payment of 90% on completion
247,950€
Property Purchase Expenses
Property price
275,500€
Transfer tax 8%
22,040€
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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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.