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Ref: CM126
Property marketed by Inland Andalucia
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Commercial restaurant premises located on the main road in the town of Loja, in the Granada province of Andalucia, Spain, with a construction of 149 square meters. The price of the property includes an industrial kitchen with extractor hood and industrial refrigerator; Also included are a small refrigerator and freezer, 9 tables, more than 20 chairs and air conditioning units. This commercial is an excellent investment opportunity as a main road restaurant, because it has the necessary furniture for it. It is interesting to see it to value it.
Property Features
- 0 bedrooms
- 2 bathrooms
- 149m² Build size
- 149m² Plot size
- Air Conditioning
- Close to Amenities
- Fitted Kitchen
- Furnished
- Good Rental Potential
- Guest Toilet
- Investment Property
- Near Public Transport
- On Street Parking
- One Level
- Parking Space
- Private Garage
- Spacious Accommodation
- Storage Room
- Well Presented
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
15,150€
Final Payment of 90% on completion
163,350€
Property Purchase Expenses
Property price
181,500€
Transfer tax 10%
18,150€
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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