Commercial Property for sale in Mil Palmeras, Alicante, Spain

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Ref: 650254

Property marketed by Girasol Assen B54983077

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Transfer of a BRAND NEW local with SPECTACULAR SEA VIEWS in a shopping center on the beachfront, located in Mil Palmeras, direct access from the highway.
200m2 of terrace and 100m2 interior local.
Large commercial area with a large influx of Spanish and foreign customers.
The business has a Restaurant - Salon Lounge License
It is delivered fully ready and equipped to start working.
The business currently does not have any contract or agreement with brands or distributors, with the possibility of requesting financing from them to support the possible interested part.

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Property Features

0 bedrooms
2 bathrooms
300m² Build size

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

8,900€

Final Payment of 90% on completion

107,100€

Property Purchase Expenses

Property price

119,000€

Transfer tax 8%

9,520€

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:

119,000€

Deposit:

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Mortgage Result

* 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.

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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%.