Commercial Property for sale

Commercial Property for sale

Orihuela Costa, Alicante
85,000
 
1 / 0

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Property marketed by The Property Group
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We are delighted to offer a unique prospect to purchase a thriving restaurant through a business transfer, known as "Traspaso"It is important to clarify that the advertised price is exclusively for the business itself and does not encompass the building, which is leased under a separate monthly rental agreement with the property ownerThis eatery enjoys consistent patronage throughout the year, thanks to its prime location near numerous permanent residents, making it an exceptional investment within the catering and hospitality industry in the vibrant area of Los Altos Via Park 3 The sale comprises all existing furnishings, fixtures, and fittings, facilitating a smooth takeover for the incoming owner The restaurant boasts a well-appointed kitchen, bar area, an extensive dining space, and a substantial outdoor terrace with a cover for alfresco dining Its position in the heart of the Via Park 3 commercial hub, surrounded by various bars, shops, and other enterprises, guarantees substantial foot traffic and visibilityA detailed handover plan is available for prospective buyers, outlining the numerous opportunities for expansion and increased success For further information or to arrange a viewing at your earliest opportunity, please feel free to reach out to our dedicated team

Property Features

  • 0 bedrooms
  • 0 bathrooms
  • Furnished
  • Key Ready
  • Patio
  • Hot Water Electric

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
5,500€
Final Payment of 90% on completion
76,500€
 
Property Purchase Expenses
Property price
85,000€
Transfer tax 8%
6,800€
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:
85,000€
Deposit:
Interest Rate:
%
Period:
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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