Commercial Property for sale in Onil, Alicante, Spain

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Ref: ADH5717H

Property marketed by España Dream Properties

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Bar/Restaurant with License. We are pleased to bring to the market this delightful bar/restaurant with a licence which can be transferred to new owners.The bar is perfectly placed in a very popular, busy area of Onil which will maximise the clientele visiting the bar. The bar is currently equipped for 31 covers but this could easily be increased. It is being sold fully furnished and with a lot of the kitchen equipment. This is a fabulous restaurant/bar in a great location with the potential to be a very successful business.Viewing is highly recommended.

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Property Features

0 bedrooms
0 bathrooms
Mains Water
Air conditioning
Mains Electric
Fast Internet & Phone
walking distance to town
Walking Distance - Restaurant / Bar
Partially furnished
Mains Sewerage

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

7,000€

Final Payment of 90% on completion

89,996€

Property Purchase Expenses

Property price

99,995€

Transfer tax 8%

8,000€

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:

99,995€

Deposit:

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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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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%.