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Property marketed by Inmo Api Investments sl

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Have you always dreamed of owning your own business in the sunny south of Spain? This is your chance to acquire a thriving restaurant/bar with additional residential properties on a spacious rustic plot of 5,459 m².
Situated on one of the main roads connecting the highway to the beaches, this property enjoys a highly central and strategic location. Known as "El Suizo," this restaurant is one of the most popular lunch spots in Garrucha, highly appreciated by locals, lorry drivers, and visitors from nearby villages for its excellent daily menu. With year-round trade from lorry drivers, bikers, hikers, and more, this property offers a fantastic investment and business opportunity.
The property includes:
Ample parking and a spacious outdoor terrace further enhance the value of this property, making it ideal for a business that caters to both locals and tourists.
This property offers endless possibilities, whether you want to continue the existing successful restaurant business or explore new ventures. With its central location, extensive facilities, and built-in customer base, this is a rare opportunity to own a property that combines business potential with comfortable living in beautiful southern Spain.
Situated on one of the main roads connecting the highway to the beaches, this property enjoys a highly central and strategic location. Known as "El Suizo," this restaurant is one of the most popular lunch spots in Garrucha, highly appreciated by locals, lorry drivers, and visitors from nearby villages for its excellent daily menu. With year-round trade from lorry drivers, bikers, hikers, and more, this property offers a fantastic investment and business opportunity.
The property includes:
Ample parking and a spacious outdoor terrace further enhance the value of this property, making it ideal for a business that caters to both locals and tourists.
This property offers endless possibilities, whether you want to continue the existing successful restaurant business or explore new ventures. With its central location, extensive facilities, and built-in customer base, this is a rare opportunity to own a property that combines business potential with comfortable living in beautiful southern Spain.
Property Features
- 6 bedrooms
- 3 bathrooms
- 609m² Build size
- Air conditioning
- Private parking
- roof terrace
- storage room
- Terrace
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
117,000€
Final Payment of 90% on completion
1,080,000€
Property Purchase Expenses
Property price
1,200,000€
Transfer tax 10%
120,000€
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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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.