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Ref: YPIS171
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Investment opportunity! Recent reduction from 699.000 TO 499.000€!
Restaurant, BAR, coffe shop, party room and hotel for sale!
Is distributed over 3 floors as follows:
Ground floor: large fully equipped restaurant and running with extensive bar, huge kitchen and refrigeration room, lounge and balcony outside.
First floor: 8 double bedrooms on suite.
Second story: House owners with large living room, kitchen, bedroom and bathroom. Beautiful sunny terrace with open views.
Total built size 596,06m2.
Plot 271m2..
Restaurant, BAR, coffe shop, party room and hotel for sale!
Is distributed over 3 floors as follows:
Ground floor: large fully equipped restaurant and running with extensive bar, huge kitchen and refrigeration room, lounge and balcony outside.
First floor: 8 double bedrooms on suite.
Second story: House owners with large living room, kitchen, bedroom and bathroom. Beautiful sunny terrace with open views.
Total built size 596,06m2.
Plot 271m2..
Property Features
- 9 bedrooms
- 9 bathrooms
- 596m² Build size
- 271m² Plot size
- immaculate condition
- full of character
- central
- commercial area
- close to all amenities
- attic room
- fitted kitchen
- en suite
- air conditioning
- beautiful garden
- parking
- satellite tv
- adsl
- good rental potential
- double glazing
- furnished
- fitted bathroom
- mountain views
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
46,900€
Final Payment of 90% on completion
449,100€
Property Purchase Expenses
Property price
499,000€
Transfer tax 10%
49,900€
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.