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Ref: M269190
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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This Popular, Restaurant bar in Laguna Green is located on the Sought after Urbanization of Entre Naranjos and home to the Vistabella Golf Course, situated between the local towns of Los Montesinos & San Miguel de Salinas. On the urb itself are several other bars and restaurants, accommodating for many all year round residents within the local area. This particular opportunity comprises of a quaint commercial kitchen; large, open, fully fitted bar; male toilet; female toilet with disabled access; storeroom; entertainment corner with sound control; spacious interior dining area for 40 + covers, then on to the conservatory of some 16 additional covers and uncovered outside terrace for a further 16 covers
Property Features
- 0 bedrooms
- 0 bathrooms
- 90m² Build size
- Terrace
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
995€
Final Payment of 90% on completion
35,955€
Property Purchase Expenses
Property price
39,950€
Transfer tax 8%
3,196€
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.