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Ref: EFML1196T
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Café for sale Mallorca in the village of Binissalem.A ground floor of 173m2 divvied into 108m2 of café/bar with two entrances on a corner location with windows to the street on each side.An additional 65m2 with three toilets, a commercial kitchen, storage, and two entrances one from the interior staircase of the building and the other from the street. The property has a fully fitted commercial kitchen and fully furnished bar. Located on a plaza in the historic part of the village, with a public park, library, cultural centre, and art gallery adjacent to the property.Binissalem is the principal village of Mallorca largest wine region DO de Binissalem, popular with the cultural tourism of the interior of Mallorca and cyclists.Binissalem Mallorca within the county of the Raiguer Mallorca. Located in the centre of the island with good transport links to Palma de Mallorca and the beaches in the north of the island Binissalem is a vibrate small town. Famous for wine production and is the oldest and largest Denomination de Origen in Mallorca. From its origins a wealthy community Binissalem has many large historic buildings built with the local stone which the village is famous for. The original settlement was of Moorish origin the name of the village means the sons of (Binis) peace or salvation (Salem), Biniagual is a small hamlet included in the municipality.
Property Features
- 0 bedrooms
- 3 bathrooms
- ADSL / OPTIC FIBRE
- Complete Property Deeds (Escritura)
- Electrical Connection
- historic area
- Interior of Mallorca
- Property Condition
- Property Documents
- Property Location
- Property Security
- Property Views
- Renovation Needed
- Sewerage Connected
- traditional village
- Urban Views
- Utilities and Public services / Water / Electricity
- Water Connection
- Window Shutters
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
31,000€
Final Payment of 90% on completion
306,000€
Property Purchase Expenses
Property price
340,000€
Transfer tax 10%
34,000€
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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