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Ref: CM128
Property marketed by Inland Andalucia
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This central commercial location has been operating as a bar and cafeteria for over 40 years. It has a steady clientele due to its strategic location to all the places of interest in the town. This property of 229 square metres built on an area of 163 square metres is distributed on 2 floors. The ground floor has a large lounge, a large bar with all the necessary furniture for immediate operation, at the back of the room you can see another room, a fireplace, toilets and another area where they prepare the tapas and sandwiches for customers. From the inside of the bar you can access by a spiral staircase to the first floor, also included in the sale price, where there is a laundry and a storage room, further on you can see a wide covered terrace with views to the village and from the terrace you have access to another area that distributes to 3 double bedrooms and 1 complete bathroom. This commercial premises with a 3 bedroom flat included is a great investment opportunity, because you can live and work in the same place.
Property Features
- 3 bedrooms
- 1 bathroom
- 229m² Build size
- 163m² Plot size
- Air Conditioning
- Close to Amenities
- Fireplace
- Good Rental Potential
- Guest Toilet
- Investment Property
- Lounge Diner
- Near Public Transport
- On Street Parking
- Part Furnished
- Private Terrace
- Renovation Needed
- Satellite TV
- Separate Diner
- Spacious Accommodation
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,500€
Final Payment of 90% on completion
139,500€
Property Purchase Expenses
Property price
155,000€
Transfer tax 10%
15,500€
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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