16 bedroom Commercial Property for sale in Calpe, Alicante, Spain

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Ref: BGA-90220

Property marketed by Vivacosta

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This beautiful hotel is located near the beach of Calpe. A 15-minute walk will take you to the promenade of Calpe where you will find many restaurants, bars and stores. The hotel is currently still in operation. There is a swimming pool with lounging area and adjacent terrace where an awning provides shade. There is also a bar with a dining area and a professional kitchen, in addition there is a second dining area. There is also a reception area, a laundry room and a barbecue area. In addition, there are a total of 15 sleeping quarters. 9 double bedrooms, 3 triple bedrooms and 3 sleeping quarters where there are 2 double bedrooms each. Each bedroom has an en suite bathroom, a TV, air conditioning, a refrigerator and wifi. Several sleeping quarters also have a private terrace. The hotel is also close to a popular coastal walking trail that takes you past several idyllic coves.

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Property Features

16 bedrooms
17 bathrooms
302m² Build size
658m² Plot size

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

102,000€

Final Payment of 90% on completion

945,000€

Property Purchase Expenses

Property price

1,050,000€

Transfer tax 8%

84,000€

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:

1,050,000€

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* 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%.