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Ref: ORE1452
Property marketed by OLIVIA REAL ESTATE
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Discover an incredible opportunity in the heart of Los Montesinos, where a well-established bar, renowned for its vibrant atmosphere and loyal clientele, is now available for sale due to retirement. This iconic establishment has become a staple within the community, boasting a prime location on the bustling main street, ensuring maximum visibility and foot traffic. The spacious two-floor layout features a welcoming ground floor with a classic wooden bar, comfortable seating areas, and a stage perfect for live entertainment, alongside a small kitchen and garage for operational convenience.
On the first floor, you’ll find an expansive area that can easily accommodate a pool table, complemented by ample storage space. Accessibility to the toilet facilities and additional storage is facilitated by a small flight of steps. This versatile property is not only ideal for those looking to continue its legacy as a thriving bar but also presents an exciting alternative; the building could be demolished to make way for a modern apartment complex, capitalizing on the sought-after location.
Situated in the vibrant center of Los Montesinos, you are surrounded by a wealth of amenities, including shops, restaurants, and recreational facilities. This prime commercial property is a rare gem and presents an exceptional investment opportunity. Don’t miss your chance to own this fantastic asset—contact us today to book your viewing!
On the first floor, you’ll find an expansive area that can easily accommodate a pool table, complemented by ample storage space. Accessibility to the toilet facilities and additional storage is facilitated by a small flight of steps. This versatile property is not only ideal for those looking to continue its legacy as a thriving bar but also presents an exciting alternative; the building could be demolished to make way for a modern apartment complex, capitalizing on the sought-after location.
Situated in the vibrant center of Los Montesinos, you are surrounded by a wealth of amenities, including shops, restaurants, and recreational facilities. This prime commercial property is a rare gem and presents an exceptional investment opportunity. Don’t miss your chance to own this fantastic asset—contact us today to book your viewing!
Property Features
- 0 bedrooms
- 2 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
16,500€
Final Payment of 90% on completion
175,500€
Property Purchase Expenses
Property price
195,000€
Transfer tax 8%
15,600€
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.
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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%.
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