Commercial Property for sale

Commercial Property for sale

Cabo Roig, Alicante
199,500
 
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
  • Commercial Property for sale
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Make an Enquiry About This Property

Ref: JPSS4661CR
Property marketed by JMT Spanish Properties JMT Spanish Properties
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INVESTORS OPPORTUNITY FREEHOLD RESTAURANT/BAR ON A LARGE 900M2 PLOT IN A GREAT LOCATION NEAR TO THE BUSY CABO ROIG STRIPThis property has a good sized bar and fully fitted professional kitchen and an outside terrace. The Restaurant/Bar has an area of 200m2 with a further underbuild/storage area of 200m2. The Restaurant can accommodate over 100 covers inside and 100 covers on the outside terrace. The plot is walled and gated and is on a 900M2 Plot. The beach is only 10 minutes walking distance away. The outside areas need some tidying and maintenance but this business could be open and ready for business in a few weeks. Huge potential for diverse opportunity i.e. developer or builder 

Property Features

  • 0 bedrooms
  • 2 bathrooms
  • Swimming Pool

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
16,950€
Final Payment of 90% on completion
179,550€
 
Property Purchase Expenses
Property price
199,500€
Transfer tax 8%
15,960€
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:
199,500€
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

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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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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