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Ref: ACS-R4122085
Property marketed by Your Property in Spain S.L
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This up-and-running freehold Hostel is located in the heart of Fuengirola, only 650 meters from the train station and 300 meters to the beach.
The occupancy is close to full all year around, and many of the guests are regulars, returning year after year.
Within the complex, the guests can enjoy two large swimming pools and communal green areas.
At the present, the hostel has a 7,8 rating at with very positive reviews from the guests, where many comment on cleanliness and good condition of the hostel and its rooms, as well as closeness to all amenities like beach, marina, shops, train and restaurants.
An on-site laundry facility saves expenses a great deal for the business.
All rooms are located on a single floor and enjoys access with elevator and stairs.
The owners are happy to aid in the transition for a new owner, providing training and contacts.
The occupancy is close to full all year around, and many of the guests are regulars, returning year after year.
Within the complex, the guests can enjoy two large swimming pools and communal green areas.
At the present, the hostel has a 7,8 rating at with very positive reviews from the guests, where many comment on cleanliness and good condition of the hostel and its rooms, as well as closeness to all amenities like beach, marina, shops, train and restaurants.
An on-site laundry facility saves expenses a great deal for the business.
All rooms are located on a single floor and enjoys access with elevator and stairs.
The owners are happy to aid in the transition for a new owner, providing training and contacts.
Property Features
- 12 bedrooms
- 9 bathrooms
- 288m² Build size
- Swimming Pool
- immaculate condition
- near transport
- utility room
- fitted kitchen
- air conditioning
- community garden
- terrace
- covered terrace
- parking
- communal pool
- gated complex
- lift
- adsl
- double glazing
- furnished
- disabled access
- store room
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
103,050€
Final Payment of 90% on completion
954,450€
Property Purchase Expenses
Property price
1,060,500€
Transfer tax 10%
106,050€
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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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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