Commercial Property for sale in Hondon de los Frailes, Alicante, Spain

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Ref: GMJ2300

Property marketed by InlandVillas Spain

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Successful restaurant in Hondon de los Frailes. Successful restaurant in Hondon de los Frailes, with a total size of 310m2 and a plot size of 2066m2. It has an industrial kitchen, storage room, large indoor dinning area with a bar, an outside enclosed terrace attached, which can be opened in the summer, and more outdoor seating to the side, with an outside bar. On the land is also a large entertainment area with outside toilets, and a stage and projector, great for events such as live music or sports. The restaurant has a license for 400 people and is in the town centre, on urban land. Entire property and business for sale due to retirement.

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Property Features

0 bedrooms
4 bathrooms
310m² Build size
2,066m² Plot size
Summer Kitchen
Fast Internet & Phone
Mains Electric
Mains Water
Walking Distance To Town
Walking Distance - Restaurant / Bar
Fenced Plot
Fireplace - Log Burner
Barbecue
Garage
Utility Room
Terrace
White Goods
Furnished
Mains Sewerage

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

66,500€

Final Payment of 90% on completion

625,500€

Property Purchase Expenses

Property price

695,000€

Transfer tax 8%

55,600€

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:

695,000€

Deposit:

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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

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%.