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Ref: AG19140440

Property marketed by Spain Property Shop S.L

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We are pleased to offer this versatile commercial unit located in the vibrant commercial area of La Finca Golf, Algorfa. Property SummaryProperty Type - Commercial UnitLocation - Ground floor of the La Finca Commercial CentreSize - Approximately 120m²Current Use - Indian Restaurant FeaturesSeating Area - Spacious seating area at the front, perfect for welcoming guests.Bar Area - Well-designed bar area for serving drinks and facilitating customer interaction.Kitchen - Good-sized kitchen equipped to handle a variety of culinary operations.Terrace - Outdoor terrace at the front for additional seating, enhancing the dining experience.Sale Options1. Leasehold Basis:** - Price - 50,000 euros - Monthly Rent - 550 euros2. Freehold - Price - 120,000 eurosAdditional InformationDocumentation - All relevant paperwork is in order, ensuring a smooth transaction.Viewings - By appointment only due to working commitments.If you are interested in this excellent opportunity, please do not hesitate to contact us to arrange a viewing or ask any further questions.Thank you for considering our listing. We look forward to helping you find the perfect commercial space for your needs.

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Property Features

0 bedrooms
2 bathrooms
120m² Plot size
Veranda
Near amenities
Aircondition, Split system
Storage
Fully 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:

€

Interest Rate:

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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%.