2 bedroom Commercial Property for sale

2 bedroom Commercial Property for sale

Olvera, Cádiz
98,000
 
  • 2 bedroom Commercial Property for sale
  • 2 bedroom Commercial Property for sale
  • 2 bedroom Commercial Property for sale
  • 2 bedroom Commercial Property for sale
  • 2 bedroom Commercial Property for sale
  • 2 bedroom Commercial Property for sale
  • 2 bedroom Commercial Property for sale
  • 2 bedroom Commercial Property for sale
  • 2 bedroom Commercial Property for sale
  • 2 bedroom Commercial Property for sale
  • 2 bedroom Commercial Property for sale
  • 2 bedroom Commercial Property for sale
  • 2 bedroom Commercial Property for sale
  • 2 bedroom Commercial Property for sale
  • 2 bedroom Commercial Property for sale
  • 2 bedroom Commercial Property for sale
  • 2 bedroom Commercial Property for sale
  • 2 bedroom Commercial Property for sale
  • 2 bedroom Commercial Property for sale
  • 2 bedroom Commercial Property for sale
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Property marketed by Olvera Properties Olvera Properties
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This business and home are almost as much of an icon as the castle and church in Olvera . owned and run by the same family for over 50 years though rented out for the last 12 this very pueblo bar is now up for sale as the owners have reached retirement age and have finally decided to give it up. Are you the person to carry on the tradition ? The actual bar is a very large space with a totally retro bar fitted , then there is a kitchen and a large function room behind it with ladies and gents toilets . In a small patio to the rear stone steps lead up to what was the family home which although very basic holds the charm of original vaulted wooden beamed ceilings and textured lime washed walls , there is a bathroom here but no kitchen as they used the bar kitchen, the accommodation up here is divided into a living room and two large bedrooms and one smaller one . Having been closed in April this year the existing licence is still valid until April last year , after which a licence would have to be re applied for and will require large upgrades to the facilities in order to comply with current regulations . Alternatively a good renovation of the whole and a change of use to a home would be a good prospect. This would suit local residents who would want to continue tradition of it being a bar giving the place a new look and lease of life taking it forward for the next 50 years with a tourism let upstairs maybe. Lot Area: 107 Meters Bedrooms: 2 Bathrooms: 1

Property Features

  • 2 bedrooms
  • 1 bathroom
  • 107m² Plot size
  • lot area 107 meters
  • bedrooms 2
  • bathrooms 1

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
6,800€
Final Payment of 90% on completion
88,200€
 
Property Purchase Expenses
Property price
98,000€
Transfer tax 10%
9,800€
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:
98,000€
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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