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Ref: AG19149229
Property marketed by Spain Property Shop S.L
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Chalet with a long-established hospitality business. On the fenced plot that provides access through an automatic gate, there is a barbecue restaurant and a dwelling in good condition. The Restaurant features two spacious areas for customers: an outdoor semi-open terrace with large windows and another spacious dining area indoors. Having been in operation for over 20 years, the Restaurant has been renovated and includes professional kitchen facilities fully equipped to start running your own business. There are ample spaces available for storing materials, beverages, etc., as well as an area designated for propane storage/supply. In another section of the property, you also have water tank installation which helps prevent breakages among other things; additionally featuring filtration and osmosis systems. Outside it’s possible to set up children’s play areas or events taking advantage of Alicante's pleasant weather during many months throughout the year. The plot is quite expansive allowing potential opportunities for further expansion pending authorization from Town Hall or Administration offices. in addition, the house contains all necessary amenities to live comfortably while resting amidst nature next door to The Restaurant.
Property Features
- 3 bedrooms
- 2 bathrooms
- 500m² Build size
- 25,000m² Plot size
- Garden
- Near bus route
- Laundry room
- Aircondition, Split system
- Fully Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
49,500€
Final Payment of 90% on completion
472,500€
Property Purchase Expenses
Property price
525,000€
Transfer tax 8%
42,000€
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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