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Ref: EMA2286E
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Restaurant for sale near Playa del Cura . Local restaurant near Playa del Cura in the centre of Torrevieja.It has about 100 m2, living-dining room, kitchen, 2 toilets and a storage room.Excellent business opportunity.
Property Features
- 0 bedrooms
- 2 bathrooms
- Swimming Pool
- Security grills
- 5 minute walk to the sea
- Air conditioning
- Utility Room
- Less than 1 hour to Alicante airport
- Less than 200 meters from the sea
- Renovation Needed
- Near the sea
- Near amenities
- 1 hour drive to Murcia airport
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
15,500€
Final Payment of 90% on completion
166,500€
Property Purchase Expenses
Property price
185,000€
Transfer tax 8%
14,800€
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.