Commercial Property for sale in Castillo de Locubin, Jaén, Spain

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Ref: CM171

Property marketed by Inland Andalucia

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This spacious Cafe / Bar with a modern clean feel is situated in popular Castillo de Locubin close to the historical city of Alcala la Real in the south of Jaen province in Andalucia, Spain. Located in a prominent corner position you enter the property from a safe pavement into the main bar area with air conditioning and a large stainless steel counter top with a good number of bar stools. Behind the serving space you have plenty of storage and a tiled kitchen / food preparation room that needs fitting out and off which is a lounge or could be used for more storage. To the side of the bar is a storage room and a door giving access to the male and female wash rooms as well as out onto a terrace.

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Property Features

0 bedrooms
2 bathrooms
99m² Build size
136m² Plot size
Air Conditioning
Guest Toilet
Internet
Near Public Transport
On Street Parking
Private Terrace

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 10%

11,000€

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%.