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Ref: M269675
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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For sale: A remarkable opportunity to revive a once-thriving culinary gem! This massive restaurant, which stood as a symbol of success in the heart of Los Alcázares, has been patiently awaiting a visionary new owner for the past decade.Located in an idyllic setting, mere steps from the sun-kissed beaches and surrounded by an abundance of amenities, this establishment boasts the ideal canvas for a prosperous culinary venture. Its proximity to the ocean not only offers breathtaking views but also captures the essence of seaside dining.Spanning an expansive plot, this restaurant unfolds like a treasure trove for restaurateurs. The outdoor terraces, bathed in the Spanish sun, are ideal for al fresco dining and provide ample space for large gatherings. Additionally, the two inviting pools offer a unique and refreshing dining experience, making this property a true oasis.The history and reputation of this establishment are still whispered about among locals, a testament to its former glory. The possibilities are endless for the new owner, whether it's resurrecting its past glory or crafting a new, innovative culinary experience.With such a prime location and an impressive infrastructure waiting to be reawakened, this restaurant presents an exciting opportunity for a passionate entrepreneur with a taste for the extraordinary. Don't miss your chance to breathe new life into this iconic Los Alcázares treasure!
Property Features
- 0 bedrooms
- 0 bathrooms
- 614m² Build size
- Swimming Pool
- Private Pool
- Barbecue
- Terrace
- Security cameras
- Equipped kitchen
- Covered Patio
- Fence
- Tiled garden
- Breakfast bar
- Extra wide doors
- X
- Fully Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
197,000€
Final Payment of 90% on completion
1,800,000€
Property Purchase Expenses
Property price
2,000,000€
Transfer tax 8%
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.