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Ref: BAN-88188
Property marketed by OLIVIA REAL ESTATE
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Two commercial units currently used as a successful bar located on El Raso with sitting tenants. There is a good size, fully fitted professional kitchen, 2 client bathrooms (male and female), a large bar area with ample room for a pool table and space for 48 covers inside in this area of 95m2. Outside is a large terrace with sun awnings and seating for a minimum of 30 covers and plenty of car parking space for clients.
Property Features
- 0 bedrooms
- 2 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
17,000€
Final Payment of 90% on completion
180,000€
Property Purchase Expenses
Property price
200,000€
Transfer tax 8%
16,000€
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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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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