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This incredible business has been successfully run for over twenty years by the same Spanish family. Located in the heart of historic Andalusia and overlooking the gorge of Alhama de Granada the property has a constructed of 750 m2 over three floors with a 100 m2 dining terrace. There is a commercial kitchen with the potential for over 40 covers. There is a three bedroom owners apartment on the top floor with six all en-suite letting rooms. The property is double glazed and has oil fired central heating for all year round comfort. Amazing business with great proven track record with all previous income figures availble for approved clients with proof of funds.
Property Features
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- 9 bedrooms
- 8 bathrooms
- 750m² Build size
- 350m² Plot size
- Traditional
- Character
- Near town
- Mountain views
- Countryside views
- Central Heating
- Superfast Fiber Internet
Costing Breakdown
* 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.
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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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.