Other for sale in Torrevieja, Alicante, Spain

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Ref: AG6137394

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We are pleased to offer this well positioned commercial unit for sale on a FREEHOLD basis. Currently the unit is being used as an Indian Restaurant, but the existing tenant has come to the end of their tenancy agreement and the owners are now looking to sell the freehold. This is a fabulous opportunity with a build size of approximately 120m2 and includes a considerable size seating area at the front, followed by a bar and a decent size kitchen, plus there is terrace area at the front for additional seating which can be used for pre-drinks or as extra dining area. The unit is in a prime location on the ground floor of the La Finca Commercial Centre and has all relevant paperwork in order and is available for ONLY 110,000 euros. If this opportunity fits your requirements, contact us now to arrange a meeting with the owners – Thank you for looking!

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Property Features

0 bedrooms
0 bathrooms
120m² Build size
Golf course
Mountain view
Veranda
Near amenities
Aircondition, Central system
Parking, Uncovered
Partially Furnished

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

8,000€

Final Payment of 90% on completion

99,000€

Property Purchase Expenses

Property price

110,000€

Transfer tax 8%

8,800€

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:

110,000€

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%.