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Ref: ADE9321N
Property marketed by España Dream Properties

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The Property is located just 5 minutes by car from the center of Andratx where there are different restaurants, venues, shops and supermarkets with the possibility of enjoying a wide range of nightlife.. . The property is located on a corner lot with clear mountain views.. . The restaurant is distributed in a large entrance hall, 4 bathrooms for men, women, disabled people and for staff, a large bar counter, dining room approx. 290 m2 with direct access to the terrace approx. 240 m2, barbecue with outdoor wood oven, fully furnished industrial kitchen equipped with appliances, office, employee changing room and several warehouses and storage rooms.. . Outside the property there is a large outdoor parking area of approx. 448m2 and a large underground garage approx. 560 m2 and a small children's area.. . The entire restaurant is sold furnished and with a license to continue the activity.. . The corresponding purchase taxes, notary and property registration expenses are not included in the price.
Property Features
- 0 bedrooms
- 4 bathrooms
- 1,830m² Build size
- 1,568m² Plot size
- Locker Room
- Telephone
- Garage
- Terrace
- Storeroom
- Armored Door
- Appliances
- Furniture
- Heating
- Light
- water
- Trifasica
- Laundry
- Parking
- Barbecue
- Alarm
- Alarm Fire
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
217,000€
Final Payment of 90% on completion
1,980,000€
Property Purchase Expenses
Property price
2,200,000€
Transfer tax 10%
220,000€
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.
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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.