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Ref: 9645C2208
Property marketed by Stratus International Properties
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A superb business opportunity to purchase a thriving restaurant and bar in a quaint Spanish village with easy access and on road parking. There are two dining areas (one of which is a formal dining area) which seat upto 80 people with a full modern large bar. Ideal for special functions. The kitchen is very large and very well equipped with a separate walk in fridge freezer area and storage facilities. There are male and female toilet facilities including baby changing facilities and separate staff toilets and changing areas. Outside there is a large covered courtyard and barbecue area. Within the price is also a garage, ideal for storage and a laundry area. A fantastic price for a restaurant with an established clientele.We are specialists in the Costa Blanca and Costa Calida specialising in the Alicante and Murcia Inland regions with a particular emphasis on Elda, Pinoso, Aspe, Elche and surrounding areas. We are an established, well known and trusted company that has built a solid reputation amongst buyers and sellers since we began trading in 2004. We offer a complete service with no hidden charges or surprises, starting with sourcing the property, right through to completion, and an unrivalled after sales service which includes property management, building services, and general help and advice to make your new house a home. With a portfolio of well over 1400 properties for sale, we are confident that we can help, so just let us know your preferred property, budget and location, and we will do the rest.
Property Features
- 0 bedrooms
- 3 bathrooms
- 450m² Build size
- Covered Porch
- Storage
- Outbuildings
- Mains Sewerage
- White Goods
- Security Grills
- Barbecue [BBQ]
- Air Conditioning
- Alarmed
- Furnished
- Open Terrace/Patio
- Courtyard
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
28,500€
Final Payment of 90% on completion
283,500€
Property Purchase Expenses
Property price
315,000€
Transfer tax 8%
25,200€
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.