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Incredible price for this property positioned right on the seafront in Villaricos, Almeria. Incredible views and location that you dont often have the opportunity to own!! A bargain property, huge property of 500metres build, it can be an incredible home with an infinity pool. Lots of inside and outside space on 3 levels. With the right vision this property can be a lovely home to a large family, or someone just wanting the dream position on the harbour front.
Overlooking the harbour with its great expansive terrace providing surreal views down the coast to Mojacar.
It is currently a restaurant and Hostel with living accommodation, a thriving and popular business until a few years ago. Now it is a property needing a new owner and a new bright future. Situated within the heart of the vibrant and traditional fishing village of Villaricos, perched between the Sierra Almagrera and the sea and flanked by the Almanzora River.
Restaurant with large terraces, good indoor space for eating as well as outside, Complimented with a 9bedroom hostel with an additional apartment with 3 bedrooms, living accommodation, with some repair works to bring to life, this can be again a thriving business benefitting from allyearround trade provides a wonderful investment property and business offered now for sale, freehold.
Incredible commercial opportunity to acquire this front line Marina Hotel of 9 bedrooms all with ensuite bathrooms,
restaurants (265m2)in the village overlooking the harbour.
With a large terrace (63m2) that offers wonderful views to the entire coast.
On the top floor you find a hostel (207m2) with 9 double bedrooms with en suite bathrooms.
The property also has a house for the owners (91m2) which has 3 bedrooms, a bathroom, large living dining room, kitchen, storage room and a porch (11m2).
We have all of the workforce on hand to assist with this project and will be pleased to help bring this wonderful property back to life. Contact us now to arrange a viewing.
Overlooking the harbour with its great expansive terrace providing surreal views down the coast to Mojacar.
It is currently a restaurant and Hostel with living accommodation, a thriving and popular business until a few years ago. Now it is a property needing a new owner and a new bright future. Situated within the heart of the vibrant and traditional fishing village of Villaricos, perched between the Sierra Almagrera and the sea and flanked by the Almanzora River.
Restaurant with large terraces, good indoor space for eating as well as outside, Complimented with a 9bedroom hostel with an additional apartment with 3 bedrooms, living accommodation, with some repair works to bring to life, this can be again a thriving business benefitting from allyearround trade provides a wonderful investment property and business offered now for sale, freehold.
Incredible commercial opportunity to acquire this front line Marina Hotel of 9 bedrooms all with ensuite bathrooms,
restaurants (265m2)in the village overlooking the harbour.
With a large terrace (63m2) that offers wonderful views to the entire coast.
On the top floor you find a hostel (207m2) with 9 double bedrooms with en suite bathrooms.
The property also has a house for the owners (91m2) which has 3 bedrooms, a bathroom, large living dining room, kitchen, storage room and a porch (11m2).
We have all of the workforce on hand to assist with this project and will be pleased to help bring this wonderful property back to life. Contact us now to arrange a viewing.
Property Features
- 12 bedrooms
- 11 bathrooms
- 570m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
45,500€
Final Payment of 90% on completion
436,500€
Property Purchase Expenses
Property price
485,000€
Transfer tax 10%
48,500€
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.