Commercial Property for sale

Commercial Property for sale

Algorfa, Alicante
55,000
 
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
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Ref: M269048
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We are pleased to offer you this fabulous business opportunity. This Popular Restaurant is located in the desirable Urbanization of La Finca Golf in Algorfa. A very sought after area due to the 5 Star Golf and Spa Resort, La Finca attracts plenty of tourists of all nationalities who come back year after year. Between summer seasons and golf seasons, there is never a dull moment! At the Commercial Centre there are several other bars and restaurants, accommodating for many all-year-round residents within the local area. The premises are located on the 1st floor of the commercial centre with lift access. This particular opportunity comprises of two rented units. The first and second have been joint forming the restaurant, offering a spacious interior dining area, fully fitted bar, male & female toilets, fully fitted kitchen, wash room and handy upstairs storage. This popular establishment is perfect also for holding functions as can cover up to 100 people inside! Including a large kitchen with all stock and equipment included!The large terrace area covers both units, seating approx. 70. It has roof and side awnings allowing you to make good use of the space all year round. For more details on rent and contract info please enquire.

Property Features

  • 0 bedrooms
  • 0 bathrooms
  • 230m² Build size
  • X

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
2,500€
Final Payment of 90% on completion
49,500€
 
Property Purchase Expenses
Property price
55,000€
Transfer tax 8%
4,400€
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.

Mortgage Calculator

Mortgage Amount:
55,000€
Deposit:
Interest Rate:
%
Period:
Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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