Other for sale in Torrevieja, Alicante, Spain

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Ref: AG19MLSC609309

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Located just a few steps from the sea, this charming restaurant in the heart of Torrevieja is now available for sale. With a cozy and well-maintained interior, a fully stocked bar, and an equipped kitchen, this business is ready for immediate operation. Highlights: Prime location near the beach Attractive terrace with red awnings and plant dividers for a cozy outdoor dining experience around 40 seats Tastefully decorated dining room with seating for approx. 40 guests Functional bar with professional coffee machine, taps, refrigeration, and storage Two clean and modern restrooms Air conditioning and efficient layout for staff and customer comfort Ideal for family operation or small team This is a turnkey opportunity with great potential in a busy and vibrant coastal town, perfect for locals and tourists alike. ? Address available upon request ? Contact us today to arrange a viewing or get more details!

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Property Features

0 bedrooms
2 bathrooms
120m² Build size

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

0€

Final Payment of 90% on completion

22,000€

Property Purchase Expenses

Property price

25,000€

Transfer tax 8%

2,000€

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:

25,000€

Deposit:

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* 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.

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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%.