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Ref: M269972
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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BUSINESS OPPORTUNITY - Cortijo de Pilarejo is a unique and charming hotel that has been been finished with a typically Spanish and rustic feel. The main building consists of a reception and office area, restaurant with bar and two toilets, reading area and a large fully equipped commercial kitchen. There is an outdoor terrace where guests can enjoy al fresco dining whilst taking in the views of Mount maroma, the natural park and Alcaucin village. Upstairs there is a three bed, self contained apartment with a lounge, bathroom and kitchenette, all of the rooms have AC and wardrobes . To the side of the main building there is a family room with an en suite wet room and a small seating area out to the front. Upstairs is the laundry room and roof terrace with 6 solar panels. Behind this building are 4 family rooms all with ensuite shower rooms, fitted wardrobes and AC inverter units. There is a separate casita that consists of two double bedrooms with patio doors that lead to a shared balcony, a shower room, lounge with wood burner and a kitchen with storage area. The plot is 3,000m2 and there is a ruin that sits at the very top that could be reformed to make further living accommodation. At the rear of the casita is an 8x4 heated swimming pool with railings and there is a hot tub with a beautiful rock feature behind and lots of terrace space for sunloungers. The hotel has been adapted with all integral facilities for disabled use, including wheel chair access throughout, wet rooms and toilet facilities and electric hoists for the pool and hot tub. This is a great opportunity to purchase a commercial property in an idyllic location.
Property Features
- 10+ bedrooms
- 10+ bathrooms
- 550m² Build size
- 3,000m² Plot size
- Swimming Pool
- Air Conditioning
- Covered Terrace
- Double Glazing
- Guest Apartment
- Fitted Wardrobes
- BBQ Area
- Garage
- Country Views
- Fruit Trees
- Internet Available
- Electric Boiler
- Log Burner/Fireplace
- Dishwasher
- Covered Seating Area
- Distant Sea Views
- Close To Town And Amenities
- Garden/pool view
- Auto Clean Pool
- Free Standing Wood Burner
- X
- Fully Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
86,500€
Final Payment of 90% on completion
805,500€
Property Purchase Expenses
Property price
895,000€
Transfer tax 10%
89,500€
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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.