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Ref: ANS357
Property marketed by Anderssons.es
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*** OFFERED BY ANDERSSONS. ES ***Discover an incredible opportunity to own a highly successful restaurant and pizzeria located on the second floor of the bustling Yumbo Center. This establishment boasts a fantastic turnover with low operational costs, ensuring high profit margins for the new owner.The fully equipped kitchen is ready for immediate use, allowing you to start serving delicious meals right away.The elegant decor, featuring high-class furniture, creates a welcoming atmosphere that patrons love.With a seating capacity of approximately 56, this venue is perfect for intimate dinners as well as larger gatherings.The restaurant comes with a Société Limitée (SL), making it an even more attractive investment.With very high rankings on social media, this business has established a strong online presence.There are 9 years remaining on the rental contract, with an option to extend for an additional 5+5 years,providing security for your investment in this prime location. The yearly cost for the terrace and community is just €4053, making it a manageable expense.Don’t miss this unique chance to own a thriving restaurant in a vibrant shopping center!Whether you're looking to expand your culinary portfolio or start a new venture, this property offers everything you need for success.Act now and make this dream a reality!YOUR FULL NAME AND MOBILE NUMBER ARE REQUIRED TO RECEIVE MORE INFORMATION AND PHOTOS AND TO SCHEDULE A VISIT.
Property Features
- 0 bedrooms
- 0 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
24,000€
Final Payment of 90% on completion
243,000€
Property Purchase Expenses
Property price
270,000€
Transfer tax 10%
27,000€
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.
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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.