Commercial Property for sale in Torrevieja, Alicante, Spain

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Available for lease transfer at €14900, this fully equipped and operating restaurant & bar is located in a prime area of Torrevieja, just minutes from the sea and surrounded by both residents and tourists all year round The premises feature: Spacious dining hall with capacity for dozens of guests, fully furnished and decorated Complete bar area with fridges, beer taps, bottle storage and full shelving Professional kitchen with industrial extractor hoods, grills, fryers, ovens, dishwasher and prep area Outdoor terrace under a red awning, with multiple tables in a lively pedestrian-friendly street Renovated customer restrooms in excellent condition Storage and auxiliary areas ready to use ???? The restaurant currently operates with international cuisine (Belgian), but the facilities can easily be adapted to local Spanish dishes, tapas, pizzeria or other culinary specialties ???? Prime location in central Torrevieja, with regular clientele and a constant flow of tourists ???? Lease transfer price: €34,900 For more information and viewings: ???? +34 865 44 33 44 / +34 624 86 78 66 ???? info@spanishcoastpropertiescom

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Property Features

0 bedrooms
2 bathrooms
135m² Build size
Year Built-2022

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

0€

Final Payment of 90% on completion

11,900€

Property Purchase Expenses

Property price

14,900€

Transfer tax 8%

1,192€

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.

Mortgage Calculator

Mortgage Amount:

14,900€

Deposit:

€

Interest Rate:

Period:

Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.