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Ref: M269845
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Welcome to Los Balcones. A cozy residential area a stone's throw from Torrevieja center. Are you coming to Spain and you don't want to spend the whole day at the pool? Then you can always run a catering business. A bar or a restaurant is often a nice way to not sit still, to get to know people and to earn some extra money in the meantime. The owner wants to stop because he is almost at retirement age and also wants to enjoy it. Of course he is willing to make the transfer go as smoothly as possible. Also in terms of contacts for suppliers, staff etc. All of that can be helped. It is possible to buy both the business and the building. Or you can just buy the business and then rent the room yourself. Everything can be discussed in consultation with the owner. Zaak also has a regular clientele, which means that the case is almost full every evening.
Property Features
- 0 bedrooms
- 0 bathrooms
- 75m² Build size
- 125m² Plot size
- Storage Room
- White Goods
- Terrace
- Electricity
- Indoor lighting
- Outdoor lighting
- TV and telephone connections
- X
- Fully Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
17,000€
Final Payment of 90% on completion
180,000€
Property Purchase Expenses
Property price
200,000€
Transfer tax 8%
16,000€
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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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.