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Ref: 619511
Property marketed by Girasol Assen B54983077
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Freehold Restaurant with full licence and equipment included. Set on the very exclusive urbanization of El Raso, just off the very busy Lemon Tree Road and Quesada.
Ample storage space upstairs and at the back of the restaurant.
Large terrace with toldo to close in for outside seating.
Ample storage space upstairs and at the back of the restaurant.
Large terrace with toldo to close in for outside seating.
Property Features
- 0 bedrooms
- 2 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,995€
Final Payment of 90% on completion
116,955€
Property Purchase Expenses
Property price
129,950€
Transfer tax 8%
10,396€
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.