8 bedroom Commercial Property for sale in El Faro, Málaga, Spain

1 / 20

Make an Enquiry About This Property

Ref: MLSC5123424

Property marketed by The Property Group

Your Name:

Email Address:

Telephone Nº:

Make Suggestions?: By checking this box, we will pass your query on to up to five other Estate Agents who have similar properties to this.

How can we help you?:

Contact me: Send me similar properties:

Other Request / Question

Go Back Save Print View location

AMAZING OPPORTUNITY!!! - BUSINESS FOR SALEFamily Restaurant at Playa del Faro, Costa del Sol!Discover a fantastic opportunity to own a beloved family restaurant located right on the stunning Playa del Faro in Costa del Sol This charming establishment has been a favorite among locals and tourists alike, boasting a loyal customer base that visits year-roundWith a warm and inviting atmosphere, the restaurant offers a diverse menu that caters to all tastes, making it the perfect spot for families and friends to gather The business has demonstrated impressive annual profits, providing a solid return on investment for the new ownerDon't miss out on this chance to step into a thriving business in one of the most beautiful coastal areas Whether you're an experienced restaurateur or looking to start your journey in the culinary world, this restaurant is ready for you to take it to the next level!

Share this Property

Property Features

8 bedrooms
2 bathrooms
220m² Build size
Category - Investment
Condition - Good
Features - Covered Terrace
Features - Private Terrace
Features - Storage Room
Furniture - Fully Furnished
Kitchen - Fully Fitted
Security - Alarm System
Setting - Close To Golf
Setting - Close To Sea
Setting - Close To Shops
Setting - Close To Town

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

96,800€

Final Payment of 90% on completion

898,200€

Property Purchase Expenses

Property price

998,000€

Transfer tax 10%

99,800€

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.

Mortgage Calculator

Mortgage Amount:

998,000€

Deposit:

€

Interest Rate:

Period:

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

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%.