Townhouse for sale in Torrevieja, Alicante, Spain

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Ref: JM-82022

Property marketed by Stratus International Properties

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Are you looking for an investment opportunity in the tourism sector? Would you like to own your own hotel in one of the most sought-after areas on the Mediterranean coast? Don’t miss this unique opportunity!

A 1-star hotel is for sale in the center of Torrevieja, just 800 meters from the sea. The hotel features 25 rooms and 25 bathrooms, all equipped with air conditioning, television, Wi-Fi, and a safe. The building has 6 floors and includes an elevator, bar, dining room, kitchen, laundry, and machinery room. Everything is in good condition and ready to operate.

The hotel boasts an excellent location, close to the beach, the harbor, the promenade, and the shopping center. It is ideal for holiday rentals, as Torrevieja is a very popular destination among both national and international tourists. You can enjoy warm weather all year round, a diverse gastronomy, and a wide range of cultural and leisure activities.

Don’t hesitate any longer—seize this business opportunity! Contact us today, and we will provide you with all the details!

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Property Features

0 bedrooms
0 bathrooms
1,103m² Build size
aire acondicionado
ascensor
exterior
luminoso
a pie de calle
céntrico
hotel

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

156,900€

Final Payment of 90% on completion

1,439,100€

Property Purchase Expenses

Property price

1,599,000€

Transfer tax 8%

127,920€

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:

1,599,000€

Deposit:

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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

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%.