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Ref: MLSC4017177
Property marketed by The Property Group
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Two commercial premises located in a strategic area of Torrevieja are being sold together The property consists of a fully equipped restaurant and a hairdresser's/barber's with an active tenant Property Details: Restaurant: Estimated monthly rent: €1,000 (possibility of renting, currently without a tenant) Fully equipped and with restaurant licence Possibility of terrace Hairdresser/Barber: Estimated monthly rent: €500 Tenant currently occupying the premises, generating income from day one General Features: Sale price: €210,000 (joint sale, not sold separately) Estimated total monthly return: €1,500 (if both premises are rented) Floor space: 170 m² Year of construction: 1997 This property represents a solid sale with potential for profitability through the leasing of the premises, depending on the decision of the new owner For more information or to schedule a viewing, please do not hesitate to contact us
Property Features
- 0 bedrooms
- 0 bathrooms
- 179m² Build size
- Furnished
- Wellness area
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
18,000€
Final Payment of 90% on completion
189,000€
Property Purchase Expenses
Property price
210,000€
Transfer tax 8%
16,800€
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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