Other for sale

Other for sale

Torrevieja, Alicante
159,900
 
  • Other for sale
  • Other for sale
  • Other for sale
  • Other for sale
  • Other for sale
  • Other for sale
  • Other for sale
  • Other for sale
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Ref: AG19MLSC689352
Property marketed by Spain Property Shop S.L
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This commercial premises is located just 400 metres from the beach, in an area with high footfall from both residents and tourists, making it an excellent opportunity to start any type of business related to leisure, hospitality or commercial services. The property has a smoke vent, a particularly valuable feature that allows for the development of restaurant, bar, café or other food-related businesses. It also has two toilets, perfectly equipped to serve both customers and staff, meeting the needs of a premises open to the public. Its west-facing orientation provides magnificent natural lighting for much of the afternoon, creating a pleasant atmosphere both inside and outside. The premises also offer the possibility of installing an outdoor terrace, a highly sought-after feature that significantly increases the commercial appeal of the establishment, especially in a coastal setting. Thanks to its proximity to the sea, its technical characteristics and its strategic location, this premises represent an excellent opportunity to develop a hospitality project or any commercial activity with high visibility and potential profitability in one of the most dynamic areas of the city.

Property Features

  • 0 bedrooms
  • 0 bathrooms
  • 58m² Build size

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,990€
Final Payment of 90% on completion
143,910€
 
Property Purchase Expenses
Property price
159,900€
Transfer tax 8%
12,792€
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:
159,900€
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.

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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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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