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Ref: MM-98440
Property marketed by Sunland
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An outstanding opportunity to acquire a freehold commercial unit with an established hospitality business located in the heart of the famous Villamartin Plaza, one of the most vibrant commercial centres on the Orihuela Costa. JunkYard Lounge is a popular and well-regarded venue known for its creative cocktails, specialty coffee and artisan ice cream, offering a relaxed atmosphere that attracts both residents and tourists throughout the year. The premises benefit from a prime high-visibility position within the Plaza, enjoying strong footfall thanks to the surrounding bars, restaurants and regular entertainment including live music, themed events and televised sports. The sale includes the freehold ownership of the commercial unit together with the fully operational business, offered as a going concern. The venue is fully licensed and professionally fitted, with all fixtures, furnishings and equipment included in the sale. The business currently operates with trained staff in place, making it suitable for an owner-operator seeking a lifestyle business or an investor looking for a ready-to-run hospitality venue. Villamartin Plaza attracts a diverse international clientele and is surrounded by residential communities, golf courses and tourist accommodation, ensuring strong customer traffic throughout the year. This is a turnkey hospitality business with excellent potential for further growth through extended opening hours, expanded menus or private events. With its prime location and established reputation, this is a rare opportunity for buyers seeking a hospitality business for sale on the Costa Blanca in one of the most popular destinations on the Orihuela Costa. Financial information is available to serious enquiries and viewings can be arranged by appointment. For further details or to arrange a private viewing, please contact us.
Property Features
- 0 bedrooms
- 3 bathrooms
- 122m² Build size
- Swimming Pool
- Air conditioning
- Furnished
- Terrace
- Utility room
- White goods
- Store room
- Close Public Transport
- Close Shops, Bars and Restaurants
- Good Rental
- Walking to Plaza
- Close Golf
EPC Rating
| Energy Rating Scale |
|---|
| A |
| B |
| C |
| D |
| E |
| F |
| G |
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
26,900€
Final Payment of 90% on completion
269,100€
Property Purchase Expenses
Property price
299,000€
Transfer tax 8%
23,920€
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
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.




