2 bedroom Commercial Property for sale in Torrevieja, Alicante, Spain

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Ref: MLSC9615831

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RESTAURANT/BAR FOR SALE BY THE SEA IN TORREVIEJA Prime location: Cala del PalangreHave you ever dreamed of owning a restaurant or bar right by the Mediterranean Sea? Now is your chance100 m² fully equipped commercial premises for sale, currently operating, located in one of the most sought-after areas of Torrevieja – right on the seafront in stunning Cala del PalangreKey features: Spacious terrace with direct sea views Fully equipped professional kitchen All licenses up to date Loyal local clientele and tourists all year round High foot traffic and excellent visibility Ideal for continuing operations immediately or launching your own gastronomic concept in a prime coastal settingA true gem on the Costa BlancaContact us today for more information or to schedule a visit Don't miss this unique seaside investment opportunity

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Property Features

2 bedrooms
2 bathrooms
100m² Build size

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

28,500€

Final Payment of 90% on completion

283,500€

Property Purchase Expenses

Property price

315,000€

Transfer tax 8%

25,200€

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:

315,000€

Deposit:

€

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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.

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Spanish Property News & Updates by Spain Property Portal.com

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%.