Commercial Property for sale

Commercial Property for sale

Hondon de los Frailes, Alicante
695,000
 
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
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Ref: GMJ2300
Property marketed by InlandVillas Spain
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Successful restaurant in Hondon de los Frailes, with a total size of 310m2 and a plot size of 2066m2. It has an industrial kitchen, storage room, large indoor dinning area with a bar, an outside enclosed terrace attached, which can be opened in the summer, and more outdoor seating to the side, with an outside bar. On the land is also a large entertainment area with outside toilets, and a stage and projector, great for events such as live music or sports. The restaurant has a license for 400 people and is in the town centre, on urban land. Entire property and business for sale due to retirement.

Property Features

  • 0 bedrooms
  • 4 bathrooms
  • 310m² Build size
  • 2,066m² Plot size
  • Swimming Pool
  • Barbecue
  • Furnished
  • White goods
  • Terrace
  • Utility room
  • Garage
  • Fireplace
  • Fenced plot
  • Mains electric
  • Mains sewerage
  • Mains water
  • Walking Distance To Town

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
66,500€
Final Payment of 90% on completion
625,500€
 
Property Purchase Expenses
Property price
695,000€
Transfer tax 8%
55,600€
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:
695,000€
Deposit:
Interest Rate:
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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.

Spanish Property News & Updates by Spain Property Portal.com

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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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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