2 bedroom Commercial Property for sale in Algorfa, Alicante, Spain

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Ref: JPSS6353Q

Property marketed by JMT Spanish Properties

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We are pleased to offer this versatile commercial unit located in the vibrant commercial area of La Finca Golf, Algorfa.&nbsp;
Property Type - Commercial Unit
Location - Ground floor of the La Finca Commercial Centre
Size - Approximately 120mÃÂ²
Current Use - Indian Restaurant&nbsp;
Features
Seating Area - Spacious seating area at the front, perfect for welcoming guests.
Bar Area - Well-designed bar area for serving drinks and facilitating customer interaction.
Kitchen - Good-sized kitchen equipped to handle a variety of culinary operations.
Terrace - Outdoor terrace at the front for additional seating, enhancing the dining experience.
Sale Options
1. Leasehold Basis:**
&nbsp; &nbsp;- Price - 50,000 euros
&nbsp; &nbsp;- Monthly Rent - 550 euros
2. Freehold
&nbsp; &nbsp;- Price - 120,000 euros
Additional Information
Documentation - All relevant paperwork is in order, ensuring a smooth transaction.
Viewings - By appointment only due to working commitments.
If you are interested in this excellent opportunity, please do not hesitate to contact us to arrange a viewing or ask any further questions.

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Property Features

2 bedrooms
0 bathrooms
Swimming Pool

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

8,000€

Final Payment of 90% on completion

99,000€

Property Purchase Expenses

Property price

110,000€

Transfer tax 8%

8,800€

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:

110,000€

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%.