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Ref: 562-3006
Property marketed by First Choice Almeria
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MOJACAR BEACH, MOJACAR, ALMERIA, SPAIN.Mountain of the moon Indian restaurant is the finest Indian restaurant in the area. Its reputation is so well known and deserved you usually have to book a table well in advanced to secure a table so not to be disappointed. Unfortunately for us the owner wants to do other things and has reluctantly put this wonderful restaurant on the market with 3 options of purchase/rent.The restaurant has been established for 13 years and located in Mojacar for the past 8 years making it the longest established restaurant in Mojacar. Mountain of the Moon has excellent reviews on Trip Adviser and has been voted one of the top three restaurants in Mojacar for the past several years. Its local reputation is second to none with many happy returning dinners myself being one of them.We can provide full details of the restaurants profits/books etc so you can see for yourself what a viable and successful business this is, and can continue to be, with someone else at the helm and the current owner overseeing its transition to continued success.
Property Features
- 1 bedroom
- 2 bathrooms
- 90m² Build size
- Buen estado
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,700€
Final Payment of 90% on completion
114,300€
Property Purchase Expenses
Property price
127,000€
Transfer tax 8%
10,160€
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.