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Ref: MLSC9459416
Property marketed by The Property Group
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GREAT INVESTMENT!CAFETERIA/ BAR FOR SALE IN MARBESA BEACHSIDE (MARBELLA EAST)Freehold!!This is a great opportunity to purchase an up and running Local already with a tenantThe Building called "Coronado" is 250 metres from the beach Right next door will be a 5 Star Campsite built, which will bring great business to the locals on it's doorstepThe Cafeteria/ Bar has an indoor & outdoor terrace with space for approx 40 seats, an indoor Bar with small kitchen, 3 toilets, Store room and a games Room with Billiard, Slot machine, Darts & TelevisionThe tenant pays for the cost of water, electricity & trash collectionCommunity fees includes the water
Property Features
- 0 bedrooms
- 3 bathrooms
- 99m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
20,155€
Final Payment of 90% on completion
208,395€
Property Purchase Expenses
Property price
231,550€
Transfer tax 10%
23,155€
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.
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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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.