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Property marketed by Anderssons.es
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**OFFERED BY ANDERSSONS. ES **Discover an incredible opportunity to own a well-established restaurant and beach bar right in the heart of Amadores Beach.This vibrant venue boasts stunning ocean views that create a perfect backdrop for unforgettable dining experiences.With a large, well-equipped kitchen and a welcoming front bar, this space is designed for both comfort and functionality.The restaurant features two beautifully renovated toilets and an inviting outdoor seating area just steps from the beach,accommodating up to 40 guests. This is not just a business; it’s a lifestyle waiting to be embraced.The property is sold as a limited company, including existing rental contracts and licenses, allowing for a seamless transition of ownership overnight. With a solid yearly turnover and the ability to operate without interruptions after the takeover, this is an investment that promises both enjoyment and profitability.The takeover price is €165,000, with a monthly rent of €2,100 plus taxes,and a community and terrace fee of €300 per month.Monthly costs for utilities are approximately €650.Don’t miss out on this chance to make your mark in one of the most sought-after locations on the coast!
Property Features
- 0 bedrooms
- 2 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
13,500€
Final Payment of 90% on completion
148,500€
Property Purchase Expenses
Property price
165,000€
Transfer tax 10%
16,500€
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.