12 bedroom Commercial Property for sale

12 bedroom Commercial Property for sale

Fuengirola, Málaga
1,060,500
 
  • 12 bedroom Commercial Property for sale
  • 12 bedroom Commercial Property for sale
  • 12 bedroom Commercial Property for sale
  • 12 bedroom Commercial Property for sale
  • 12 bedroom Commercial Property for sale
  • 12 bedroom Commercial Property for sale
  • 12 bedroom Commercial Property for sale
  • 12 bedroom Commercial Property for sale
  • 12 bedroom Commercial Property for sale
  • 12 bedroom Commercial Property for sale
  • 12 bedroom Commercial Property for sale
  • 12 bedroom Commercial Property for sale
  • 12 bedroom Commercial Property for sale
  • 12 bedroom Commercial Property for sale
  • 12 bedroom Commercial Property for sale
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Ref: ACS-R4122085
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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.

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.

Mortgage Calculator

Mortgage Amount:
1,060,500€
Deposit:
Interest Rate:
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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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