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Ref: M270747
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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An opportunity to purchase a local bar and village house in a very popular village close to Pinoso. The bar has recently been renovated in a modern style and are ready for opening, complete with all licences, equipment etc. The house also has been renovated with new fixtures and fittings, plastering, rewiring, re-flooring etc. The property is in a small village close to Pinoso and Alguena and with good access to Fortuna. It is a typical village house with a main entrance hallway leading to 2 bedrooms, lounge with 3rd bedroom off, kitchen, bathroom and internal courtyardThe courtyard has access to the rear door of the bar. The bar will have main bar area, lounge area with fireplace, kitchen and small store room and will be decorated and furnished in modern style. There are also two toilets accessed from the courtyard and these again will be renovated. The bar has already got a full licence and used to operate as a small restaurant/bar and was very successful, it is ideally located in the village and there are numerous requests to the owner to reopen. However, the owner already runs other bars in the town and cannot commit time to this bar and therefore wants to sell.
Property Features
- 3 bedrooms
- 2 bathrooms
- 120m² Build size
- Air Conditioning
- Mains Sewerage
- Open Terrace/Patio
- White Goods
- Storage
- Entrance Hall
- Courtyard
- X
- Fully Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
7,200€
Final Payment of 90% on completion
91,800€
Property Purchase Expenses
Property price
102,000€
Transfer tax 8%
8,160€
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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