Other for sale in Torrevieja, Alicante, Spain

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Ref: AG19MLSC3080708

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Restaurant for sale next to the sea. Famous for its delicious dishes of rice, meat, fish, paella etc. Excellent experience and highly recommended in Torrevieja. It has a large living-dining room with 44 chairs and a long bar where you can have a beer and try the tapas, also a terrace with 39 chairs to enjoy outdoors. The kitchen is fully equipped with everything necessary for the perfect operation of the restaurant. There is a large warehouse to store the products and also a cold room. The restaurant also offers a daily menu and is located in an excellent area of passage. Do not miss the opportunity, call and book your visit!

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Property Features

0 bedrooms
2 bathrooms
400m² Build size
Sea view
Near bus route
Barbeque
Heating, Central
Fully furnished

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

32,263€

Final Payment of 90% on completion

317,369€

Property Purchase Expenses

Property price

352,632€

Transfer tax 8%

28,211€

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:

352,632€

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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%.