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Las Palmas: Bar/Cafetería/Restaurant premises to buy or for rent!These premises are located at the busy and well frequented Calle Olof Palme and they are only a shell (unfinished).250 meters from the Paseo de las Canteras and about 20 meters from the Olof Palme parking garage.The local will be sold / rented totally unfinished, it has a size of 200m² in total, 100m² on the street level and 100m² basement, to use as storage / wine cellar etc.A vertical channel already exists for the extractor system.There is a terrace space in front as well which can be rented from the town hall.The future owner / tenant has to apply for the opening license.Price: 315,000€ freeholdA rent-to-buy option can also be discussed.Rent only option: 3,000€ / monthDeposit has to be discussedAgency fees
Property Features
- 0 bedrooms
- 0 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
28,500€
Final Payment of 90% on completion
283,500€
Property Purchase Expenses
Property price
315,000€
Transfer tax 10%
31,500€
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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