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Ref: 428-01592P
Property marketed by Selection Med
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The fact that the premises is set up as a wine bar and already has a licence is a big plus. The fact that it is newly refurbished is also an advantage, as it will save you time and money on repairs and renovations. It is equipped with air-conditioning, smoke hood, four ring cooker with oven, microwave, toaster, tapas display, two bottle racks for soft drinks, 2 freezers, a fridge, TV, wine fridge, connection for coffee machine. The equipment you have mentioned is impressive and essential to operate a successful wine bar. Having a bar with a kitchen will allow you to offer a wide variety of dining options to accompany the wines, which will appeal to a wider audience and provide a more complete customer experience. A terrace with seating for 6-8 tables is also a great asset, especially on sunny days or in good weather. Terraces are often very attractive to customers and can significantly increase the number of customers and profits. The terrace is enclosed with roof and side awnings. The premises have a disabled toilet. The fact that the lease is valid until December 2024 is a relevant fact to take into account.
Points of interest:
Variety of hotels
Near the beach, 5 minutes walking distance
Transport
Points of interest:
Variety of hotels
Near the beach, 5 minutes walking distance
Transport
Property Features
- 0 bedrooms
- 0 bathrooms
- 40m² Build size
- Mountainside
- Amenities near
- Transport near
- Air conditioning
- Kitchen equipped
- Street view
- Close to children playground
- Close to sea / beach
- Close to golf
- Handicap Accessible
- Recently Renovated / Refurbished
- Urban view
- Close to shops
- Close to town
- Close to port
- Close to schools
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,300€
Final Payment of 90% on completion
110,700€
Property Purchase Expenses
Property price
123,000€
Transfer tax 10%
12,300€
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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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.