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Ref: MLSC1994467
Property marketed by The Property Group
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Prime freehold opportunity - a successful bar and restaurant in La Zenia, only 400 meters from the stunning La Zenia BeachThe unit is presented in immaculate condition and comes fully equipped with everything needed to step straight in and continue operations It also features unique items directly imported from Ireland, giving the venue a distinctive and authentic touch that sets it apart from other establishments With a dedicated pool and darts area, it has become a true hub for both locals and tourists alikeThe venue is renowned for its weekly entertainment and themed dining, including Curry Night, Steak Night, Fish & Chips Fridays, and the legendary Sunday Roast, alongside a daily special every day of the week ensuring a steady stream of loyal customers and repeat businessLocated on the ground floor, the property is wheelchair-friendly and also has a cage storage, perfect for keeping stock organizedOpportunities like this in La Zenia are extremely rare a turnkey business with freehold ownership in a prime location, complete with unique Irish touches Don't miss out on this amazing opportunity!
Property Features
- 0 bedrooms
- 0 bathrooms
- Beach: 16000 Meters
- Near schools
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
37,000€
Final Payment of 90% on completion
360,000€
Property Purchase Expenses
Property price
400,000€
Transfer tax 8%
32,000€
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.