Commercial Property for sale in Fuengirola, Málaga, Spain

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Ref: M268789

Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )

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A perfect opportunity to acquire a freehold bar - restaurant in beautiful Puebla Lucia, Fuengirola. The business has been successful for over 40 years. The property offers disabled access and includes a bar area, a seating area and a covered terrace for about 50 customers. A fully stocked bar, small kitchen, ladies & gents toilets. A truly unique opportunity to purchase a ready-made, successful business offering an excellent return on investment with good turnover all year around. Sold freehold and fully equipped including all bar equipment, furniture, kitchen appliances, tv and sat tv sport system. For sale due to owner's retirement.

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Property Features

0 bedrooms
2 bathrooms
60m² Build size
X

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

19,000€

Final Payment of 90% on completion

198,000€

Property Purchase Expenses

Property price

220,000€

Transfer tax 10%

22,000€

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.

Mortgage Calculator

Mortgage Amount:

220,000€

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.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.