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Bar Don Pepe - A commercial in the Partaloa area. (Habitable)
Business opportunity! Bar / restaurant with 2/3 bedroom accommodation for sale in the quaint town of Partaloa.
The property has excellent potential but is in need of modernisation and decoration throughout. The bar / restaurant is situated on the ground floor and comprises a commercial kitchen, bar, male & female cloakrooms, and various seating areas. The apartment is situated on the first floor and is in need of reform - photos to follow.
Viewing is highly recommended to appreciate the full potential of this property.
Business opportunity! Bar / restaurant with 2/3 bedroom accommodation for sale in the quaint town of Partaloa.
The property has excellent potential but is in need of modernisation and decoration throughout. The bar / restaurant is situated on the ground floor and comprises a commercial kitchen, bar, male & female cloakrooms, and various seating areas. The apartment is situated on the first floor and is in need of reform - photos to follow.
Viewing is highly recommended to appreciate the full potential of this property.
Property Features
- 0 bedrooms
- 0 bathrooms
- 362m² Build size
- 181m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,000€
Final Payment of 90% on completion
135,000€
Property Purchase Expenses
Property price
150,000€
Transfer tax 8%
12,000€
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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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.