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Ref: PLPR212
Property marketed by Platinum Group CRR SL

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** Exciting Opportunity **
A wonderful opportunity has arisen to acquire the traspaso for this delightful and immaculately presented "local" Bar/Restaurant.
Located in the vibrant and highly desirable area of Villamartin on the Orihuela Costa. Positioned less than 250 meters from Villamartin Golf Course, a walk away from the buoyant Villamartin Plaza and just 4km from the blue flag beaches that this fabulous coast has to offer.
A real hotspot for year round regulars with its popular Sunday Lunches, Fantastic varied menu, Quiz nights, Live entertainment and so much more!
Boasting a great terrace to the front and side of the property, with a fitted toldo offering a comfortable seating area throughout the year.
* Established for over 10 years
* 75 covers indoors
* 55 covers outdoors
* Fabulous well equipped and fully working kitchen
* Spacious indoor bar/restaurant
* Ladies and Gents Washrooms
This warm and inviting business has a wonderful team and many regular/returning customers. Currently hosting many events such as;
* Private function hire
* Golf Society meetings
* Annual AGM meetings
* Pool team
** Viewings strictly by appointment only ** Contact us today for further information
A wonderful opportunity has arisen to acquire the traspaso for this delightful and immaculately presented "local" Bar/Restaurant.
Located in the vibrant and highly desirable area of Villamartin on the Orihuela Costa. Positioned less than 250 meters from Villamartin Golf Course, a walk away from the buoyant Villamartin Plaza and just 4km from the blue flag beaches that this fabulous coast has to offer.
A real hotspot for year round regulars with its popular Sunday Lunches, Fantastic varied menu, Quiz nights, Live entertainment and so much more!
Boasting a great terrace to the front and side of the property, with a fitted toldo offering a comfortable seating area throughout the year.
* Established for over 10 years
* 75 covers indoors
* 55 covers outdoors
* Fabulous well equipped and fully working kitchen
* Spacious indoor bar/restaurant
* Ladies and Gents Washrooms
This warm and inviting business has a wonderful team and many regular/returning customers. Currently hosting many events such as;
* Private function hire
* Golf Society meetings
* Annual AGM meetings
* Pool team
** Viewings strictly by appointment only ** Contact us today for further information
Property Features
- 0 bedrooms
- 0 bathrooms
- Fully Furnished
- Storage Room
- Terrace
- Electricity
- Water
- Close to Amenities
- Air Conditioning
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,500€
Final Payment of 90% on completion
121,500€
Property Purchase Expenses
Property price
135,000€
Transfer tax 8%
10,800€
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.
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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.