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Ref: 60-8218-5
Property marketed by Javea Estates
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Located on the outskirts of Denia, in the lively village of La Xara, this charming guest house offers a great opportunity for those looking to invest in the Costa Blanca's tourism sector. Strategically located close to the hospital and with easy access to the highway to Alicante and Valencia, this establishment promises to attract a diverse and consistent clientele. It is designed to meet the needs of both short-stay visitors and those seeking longer-term accommodation. In addition, the venue features a spacious and elegant restaurant on the first floor, ideal for delicious gourmet offerings and a large banquet hall perfect for special events such as weddings, family celebrations or business meetings. The structure of the guesthouse is surprising. The second floor is dedicated to 19 comfortable rooms with private bathrooms, designed to offer guests privacy and comfort. The 2º floor contains a full house, four additional apartments and an en-suite room, offering flexibility for both residential and accommodation use. On the third floor are three more apartments, complemented by a large terrace, a perfect place to enjoy the Mediterranean climate and partial sea views. On the fourth floor is a penthouse with laundry room and a large space with endless possibilities: imagine a modern chill out space where guests can relax and enjoy breathtaking sea and mountain views. Even more exciting is the possibility of expansion on an adjacent plot, in the fronton sports area, where you can build more apartments, add new rooms to the hostel or develop another project that ensures better performance and versatility of the business. With proximity to the best tourist areas of the region and an infrastructure designed for maximum comfort, this hostel represents a safe investment with enormous growth potential in one of the most sought-after areas of the Valencian Community. Do not miss the opportunity to discover it!
Property Features
- 33 bedrooms
- 35 bathrooms
- 842m² Build size
- Air Conditioning
- Alarm
- Automatic gate
- Balcony
- Bar
- Barbecue
- Built-in cabinets
- Electric shutters
- Electricity
- Furnished
- Lift
- Separate apartment
- Solarium
- Storage
- Terrace
- TV
- water
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
209,000€
Final Payment of 90% on completion
1,908,000€
Property Purchase Expenses
Property price
2,120,000€
Transfer tax 8%
169,600€
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.