Other for sale in Orihuela Costa, Alicante, Spain

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Ref: AG19142180

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The PORTOBELLO Restaurant is for sale/rental, located a few meters from the emblematic Villamartin golf course. Inside the Villamartin Plaza shopping center that is next to the golf course. With capacity for 60 diners inside and 60 on the large terrace to which you have the right outside. Just three years ago, in 2021, a completely new kitchen and new toilets were installed. The restaurant was renovated in 2019. With all legal documents and licenses available. The restaurant is 100 percent ready to start operating from the first day the transfer takes place. For any questions that may arise, contact us as soon as possible.

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Property Features

0 bedrooms
0 bathrooms
100m² Build size
Golf course
Veranda
Near bus route
Heating, Central
Fully furnished

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

81,500€

Final Payment of 90% on completion

760,500€

Property Purchase Expenses

Property price

845,000€

Transfer tax 8%

67,600€

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.

Mortgage Calculator

Mortgage Amount:

845,000€

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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%.