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FOR SALE: Freehold Commercial Unit with Established Business – JunkYard Lounge, Villamartin Plaza An exceptional opportunity to acquire a fully owned freehold commercial premises with a thriving and well-established hospitality business, located in the heart of the renowned Villamartin Plaza on the Costa Blanca. JunkYard Lounge is a popular and profitable venue known for its relaxed atmosphere, creative cocktail selection, specialty coffee, and a strong reputation for ice cream. The business enjoys consistent local and tourist footfall throughout the year, with both indoor and outdoor seating that caters to individuals, families, and groups. Positioned in a high-visibility area within the Plaza, the unit benefits from regular live entertainment, televised sports, and themed nights that continue to attract repeat customers and new visitors. The sale includes the freehold of the commercial unit and the fully operational business as a going concern. The premises are fully licensed and fitted out to a high standard, with all fixtures, furnishings, and equipment included. The unit is currently owner-managed with trained staff in place, making it ideal for either an owner-operator or as a hands-off investment opportunity. Villamartin Plaza is one of the most vibrant commercial and social centres in the Orihuela Costa area, drawing a mix of international residents, expats, and seasonal tourists. It is surrounded by residential developments, golf courses, and is just minutes from the coast, ensuring a strong and steady customer base year-round. This is a turnkey business with strong potential for further growth through expanded hours, menu development, or event hosting. Financial records are available to serious enquiries and viewing can be arranged by appointment. For further details, pricing, or to arrange a private viewing, please contact us.
Property Features
- 0 bedrooms
- 3 bathrooms
- 122m² Build size
- Swimming Pool
- Air Conditioning
- Terrace
- Furnished
- White goods
- Utility room
- Store room
- Close Public Transport
- Walking to Plaza
- Close Shops, Bars and Restaurants
- Close Golf
- Good Rental
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
26,900€
Final Payment of 90% on completion
269,100€
Property Purchase Expenses
Property price
299,000€
Transfer tax 8%
23,920€
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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