Commercial Property for sale in Puerto de Mazarron, Murcia, Spain

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Ref: TPG826

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PRICE REDUCED FROM 160.000 TO 125.000€rnrnMUSIC BAR & RESTAURANT - Business Transfer OpportunityrnrnAvailable for €2,000 monthly rent, this unique business offers one of the best locations and venues in the entire Costa Cálida region. The current owners are relocating, creating a rare opportunity to take over a highly profitable establishment known as the #1 live music venue in the area.rnrnVenue Highlights:rnrn- Terrace: Accommodates 200 seated guests with a stage for live performances.rnrn- Indoor Seating: Space for 80 seated guests.rnrn- Rooftop Cocktail Bar: A fully-equipped cocktail bar on the roof terrace, which had an incredibly successful summer season, with records to prove its profitability.rnrn- Fully Functioning Kitchen: Offers the perfect opportunity to introduce food service, as the previous year has only been operated with drinks, leaving room for even more growth.rnrnThis is three businesses in one: a live music venue, a cocktail bar, and the option to run a restaurant. With its established success and high profitability, this is an excellent opportunity for the right owners to expand and maximize the business even further.

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Property Features

0 bedrooms
0 bathrooms
160m² Build size
Terrace
Beachfront
Business/ investment
Bar

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

9,500€

Final Payment of 90% on completion

112,500€

Property Purchase Expenses

Property price

125,000€

Transfer tax 8%

10,000€

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:

125,000€

Deposit:

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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.

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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%.