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Ref: AG19144665

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Magnificent Commercial Premises in Santiago de la Ribera central area just 150 m from the beach. If you are an entrepreneur, this is your opportunity to have your hospitality business fully equipped in a place where tourism resides all year round and sun 365 days on our wonderful Costa Cálida. Local Extras: Air Conditioning, Alarm, Hot and Cold Pump, Furnished Dining Room, Toilets, Pantry, Fully Equipped Kitchen, Storage Room and Garage included. Near the premises you will find all the leisure amenities, Bus Lines, Shops, Medical Centers, near the University, Schools, Parks, Supermarkets and Children's Areas. The premises are located in one of the best areas of Santiago De La Ribera where it is endorsed and guaranteed as a large, fully active business.

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Property Features

0 bedrooms
0 bathrooms
72m² Build size
Near bus route
Heating, Central
Fully furnished

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

10,468€

Final Payment of 90% on completion

121,215€

Property Purchase Expenses

Property price

134,683€

Transfer tax 8%

10,775€

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:

134,683€

Deposit:

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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.

Spanish Property News & Updates by Spain Property Portal.com

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%.