Other for sale

Other for sale

Torrevieja, Alicante
50,000
 
  • Other for sale
  • Other for sale
  • Other for sale
  • Other for sale
  • Other for sale
  • Other for sale
  • Other for sale
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Ref: AG19140440
Property marketed by Spain Property Shop S.L
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We are pleased to offer this commercial unit, the unit is located with the commercial area of La Finca golf and is very well positioned.The unit is available on either a leasehold or freehold basis, the current tenant is using the unit as an Indian restaurant. Thank you for providing the details about the commercial unit for sale. It sounds like an exciting opportunity. Please see below a summary of the unit.Property Type: Commercial unitLocation: Ground floor of the La Finca Commercial CentreSize: Approximately 120m2Current Use: Indian Restaurant (tenant's tenancy agreement has ended)Features:- Seating area at the front- Bar area- Good-sized kitchen- Terrace area at the front for additional seatingSale Options:1. Leasehold Basis: - Price: 50,000 euros - Monthly Rent: 550 euros2. Freehold: - Price: 120,000 eurosAdditional Information:- All relevant paperwork is in order.- Buyers can meet the owners to review both options and discuss further details.- Viewings are by appointment only due to working commitments.If you are interested in this opportunity, please do not hesitate to contact us to arrange a viewing or ask any further questions.

Property Features

  • 0 bedrooms
  • 2 bathrooms
  • 120m² Plot size
  • Veranda
  • Near amenities
  • Aircondition, Split system
  • Storage
  • Partially Furnished

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
2,000€
Final Payment of 90% on completion
45,000€
 
Property Purchase Expenses
Property price
50,000€
Transfer tax 8%
4,000€
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:
50,000€
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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