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Ref: QD-QPMS-HMMEN-C
Property marketed by Quattro Property Management Spain SL
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Ref: - Commercial, Hotel in SalesSantiago De La Ribera (37.79959046818032, -0.8093553988506983) , Santiago De La Ribera, Costa Calida, Murciaadd to favorites2492hotel1. slider2. slider1.2.... HMMEN - Commercial, Hotel in SalesSantiago De La Ribera (37.79959046818032, -0.8093553988506983) , Santiago De La Ribera, Costa Calida, Murciaadd to favorites2492hotel1. slider2. slider1.2.**HOTEL****FANTASTIC INVESTMENT OPPORTUNITY****PRICE REDUCED FROM €1,125,000 to €1,050,000**We are delighted to be able to offer for sale this 9 BEDROOM 3* HOTEL, with cafe-bar which serves drinks and typical Mediterranean food.The hotel is rated as being one of the best value in this seaside town where 'guests are getting more for their money when compared to other properties in this town' and so attracts many guests.Guest occupancy rate is consistently above 90%.The rooms feature tiled floors and simple decor. Each room comes with WIFI, safe, TV, balcony and private bathroom.There is the opportunity to extend the Hotel vertically with the addition of further floors,This hotel is just a 5 minute stroll to the beaches of the Mar Menor, which is a large salt water lagoon, popular for all kinds of water sports, where there is an abundance of restaurants and bars.PLEASE CONTACT US FOR PICTURES AND MORE INFORMATION------------Property AddressAddress: Santiago De La Ribera (37.79959046818032, -0.8093553988506983)City: Santiago De La RiberaArea: Costa Calida, MurciaState/County: MurciaZip: 30720Country: SpainProperty DetailsProperty Id : 5995Price: € 1.050.000Bedrooms: 9Reference: HMMEN
Property Features
- 9 bedrooms
- 0 bathrooms
- Hotel
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
102,000€
Final Payment of 90% on completion
945,000€
Property Purchase Expenses
Property price
1,050,000€
Transfer tax 8%
84,000€
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.
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Spanish Property News & Updates by Spain Property Portal.com
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.