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Ref: M270459
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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The hostel is located just 5 minutes walk to the center of Cala Ratjada and to the beautiful promenade, where you will find a wide variety of restaurants. Nearby is Cala Gat, which is one of the best, most beautiful beaches on the entire island in this area and is only 3 minutes away by car.The property is located on a corner lot with access from two streets in a quiet area.The ground floor of the hostel is distributed in entrance, hall and dining room together with two apartments with independent entrances, each house with 2 double bedrooms with fitted wardrobes, living room, dining room, fully furnished kitchen equipped with appliances and equipped with air conditioning with hot and cold. One of the houses has direct access from the kitchen to a terrace with a separate entrance.From the ground floor of the hostel you can access a large basement that is currently used as a warehouse and up to the upper floors that are distributed in 14 double rooms with direct access to a balcony, all with fitted wardrobes and bathroom en suite. From the second floor there is access to the solarium of the hostel with a large terrace with barbecue and spectacular unobstructed views of the town and the sea. On this terrace, there is another double bedroom with bathroom for staff use and the utility room.The hostel is sold fully equipped and ready to continue with the business, with a portfolio of fixed clients and an activity license.The price does not include the corresponding taxes of the purchase and sale, nor the costs of notary and property registration.
Property Features
- 19 bedrooms
- 20 bathrooms
- 828m² Build size
- 320m² Plot size
- Basement
- Solarium
- Telephone
- Water Deposit
- Barbecue
- laundry
- Appliances
- Storeroom
- Kitchen Indep.
- Light
- porch
- Balcon
- Furniture
- T. V.
- satellite
- Apart. Separate
- Corner
- Pantry
- Alarm Fire
- Illuminated
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
157,000€
Final Payment of 90% on completion
1,440,000€
Property Purchase Expenses
Property price
1,600,000€
Transfer tax 10%
160,000€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.