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Ref: MM-62873
Property marketed by Sunland
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A rare opportunity to purchase a substantial 227m² commercial property with separate residential accommodation in the popular area of Blue Lagoon, Villamartin, on the Orihuela Costa. Ideally positioned close to El Limonar International School, the property benefits from a strong local catchment area including El Galan, Villamartin and Eagles Nest, making it well suited for a variety of business ventures. Previously operating as a bar-restaurant, the premises offer excellent potential for a wide range of commercial uses such as a restaurant, bar, café, offices, wellness centre or retail business, with the added benefit of on-site living accommodation. The ground floor features a large terrace area leading into a spacious entrance hall, which could easily function as an event or reception space. Towards the rear of the premises there is a fitted bar area, customer toilet facilities, a commercial kitchen, and a utility room with walk-in refrigeration. The adjoining self-contained apartment has its own secure private entrance and offers a large open-plan kitchen and living area with access to a front balcony. The accommodation includes three bedrooms and two bathrooms, one of which is en-suite, along with a separate utility/storage room. To the rear of the property there is also a large garage, providing ample space for storage, equipment or supplies. Properties offering both commercial premises and residential accommodation in Villamartin are rarely available, making this an excellent opportunity for investors or business owners seeking to live and work on the Orihuela Costa. Contact us today to arrange your viewing.
Property Features
- 3 bedrooms
- 2 bathrooms
- 227m² Build size
- Swimming Pool
- Balcony
- Terrace
- Utility room
- Underbuild
- Fitted wardrobes
- Store room
- Sunny Orientation
- Close Golf
- Separate Annex
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
34,490€
Final Payment of 90% on completion
337,410€
Property Purchase Expenses
Property price
374,900€
Transfer tax 8%
29,992€
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.




