Other for sale

Other for sale

Torrevieja, Alicante
0
 
  • Other for sale
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Ref: AG19MLSC9627915
Property marketed by Spain Property Shop S.L
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A unique opportunity is offered to acquire an established restaurant with the possibility of scaling up to a franchise model. Business operating since 2014 with an active license and excellent turnover. The terrace has 220 m² with capacity for 50 tables. Currently operating with 3 employees plus manager in winter and 9 employees plus manager in summer. Annual turnover is approximately €400,000, backed by a recognized brand an established clientele. Reduced monthly expenses with a rent of €1,000 and maximum electricity consumption of €500. The transfer price is €120,000 and includes the brand, furniture, equipment and the business ready to continue in full operation. Ideal for investors or entrepreneurs interested in a solid business with expansion potential. Contact us for more information and a visit!

Property Features

  • 0 bedrooms
  • 0 bathrooms
  • 220m² Build size
  • Fully furnished

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
0€
Final Payment of 90% on completion
-3,000€
 
Property Purchase Expenses
Property price
0€
Transfer tax 8%
0€
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

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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

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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