Commercial Property for sale in Orihuela Costa, Alicante, Spain

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Ref: MM-91804

Property marketed by Sunland

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For sale is a 220 square meter space in Punta Prima - an ideal choice for your future bar or restaurant. It comes fully equipped with everything you need for successful hospitality business operations, including a smoke extraction license, ensuring a safe and comfortable atmosphere for your guests. The premises also feature a cozy terrace where your patrons can enjoy fresh air and a pleasant ambiance year-round. Located just 500 meters from the sea, it attracts both locals and tourists, ensuring a steady flow of customers for your business. Don't miss the opportunity to acquire this excellently located space and bring your culinary ideas and concepts to life!

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Property Features

0 bedrooms
0 bathrooms
220m² Build size
Air Conditioning
Furnished
Home appliances
Lift
Smoke outlet

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

44,500€

Final Payment of 90% on completion

427,500€

Property Purchase Expenses

Property price

475,000€

Transfer tax 8%

38,000€

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:

475,000€

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.

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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%.