Commercial Property for sale in Los Montesinos, Alicante, Spain

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Ref: TAR-15307

Property marketed by OLIVIA REAL ESTATE

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This is a perfect business opportunity to buy a Freehold Business unit on the busy and well developed Vistabella Golf urbanisation between the towns of Los Montesinos and San Miguel de Salinas.

Currently the business is run as a successful Bar & Restaurant which comprises of a kitchen, a large, open, fully fitted bar; male toilet & female toilet with disabled access; a storeroom, an entertainment corner with sound control; spacious interior dining area for 32 + covers, then on to the conservatory of some 14 additional covers and uncovered outside terrace for a further 16 covers or so... A superb opportunity which currently offers popular Sunday Lunches, Murder Mystery Nights, Race Nights, Charity Events, Taste of The World, Golden Oldie deals, Pie Night, Fish & Chip Night, Rib & Steak Night & more, with lots of extras included, plus plenty of parking and passing trade!

The new freehold owner can take over the current Leasehold tenants rental income from the bar/restaurant and see a return of investment immediately.

Please arrange a viewing with us as soon as possible.

VIEWINGS ARE STRICTLY BY APPOINTMENT

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Property Features

0 bedrooms
0 bathrooms
85m² Build size
124m² Plot size

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

9,000€

Final Payment of 90% on completion

108,000€

Property Purchase Expenses

Property price

120,000€

Transfer tax 8%

9,600€

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:

120,000€

Deposit:

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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%.