Commercial Property for sale in Orihuela Costa, Alicante, Spain

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Ref: JPSS6370Q

Property marketed by JMT Spanish Properties

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Wow! Wow! What an opportunity to grab this Trespasso&nbsp;If you are looking&nbsp;for investing money or a family business&nbsp;, then this is the perfect&nbsp;business. A Mediterranean Club placed less than 10 minutes from the beaches of Orihuela Costa.&nbsp; You will find the premises in perfect conditions since the owners made a full refurbishment of the bars, restaurant and all installations. The place measures 495 m2 of construction and has 3 bars, restaurant&nbsp;, 7 toilets, a well-equipped kitchen, 20 m length swimming pool and great Ralax area&nbsp;&nbsp;with&nbsp;&nbsp;comfortable sunbeds, included&nbsp; luxurious Bali beds.&nbsp;Business Reputation Today&nbsp; - the business is known for its delicious&nbsp; food of high quality and great services in all areas.&nbsp; And the business shows a healthy income ( 800,000 turnovers), which only will improve with extended opening hours.&nbsp; With this buy, you get a long-running business and if you keep the high standard of food and services you have regular clients from day one.

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Property Features

0 bedrooms
7 bathrooms
Swimming Pool

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

12,000€

Final Payment of 90% on completion

135,000€

Property Purchase Expenses

Property price

150,000€

Transfer tax 8%

12,000€

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:

150,000€

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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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Commercial Property for sale

Orihuela Costa, Alicante

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495m² 20

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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%.