Other for sale in Calasparra, Murcia, Spain

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Ref: AG19142744

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Unique Business or Investment Opportunity Character Beautifully Restore Historic Building in the Centre of Town (800m2) currently used as Bar and large Discotheque. Location: Centre of the Thriving Town of Calasparra in North West Murcia Price: €850,000 Euros Summary: Detached Beautifully Restored Former Monastery (800m2) - Three Floors 800m2 in total with ground floor access to two floors - Prime Location in the centre of the town opposite main car park & market area - Male and Femail toilets on each floor and in also in courtyard - Large outside Courtyard bar area with BBQ - Spacious lounge /dining room - Fully Double Glazed Windows with extra soundproofing in the Disco - Hot & Cold Air-conditioning - Two entrances and fire escape - Huge potential to convert to hotel, restaurant or luxury apartments or remain as a quality bar business. Full Licenses, Planning Permission and photos showing the quality conversion Masses of quality and characterful features

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Property Features

0 bedrooms
0 bathrooms

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

82,000€

Final Payment of 90% on completion

765,000€

Property Purchase Expenses

Property price

850,000€

Transfer tax 8%

68,000€

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:

850,000€

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* 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%.