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Ref: MLSC239612
Property marketed by The Property Group
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Excellent opportunity to acquire a low-cost bar business, ideal for self-employment or a first hospitality investment The premises include an outdoor terrace, fully equipped bar and a small kitchen, allowing for simple and profitable operation Located in a residential urban area with regular local clientele, this bar is perfect as a neighborhood business focused on drinks, tapas and light food ???? Key features: ?? Operational bar, ready to continue trading ?? Outdoor terrace with tables and chairs ?? Small kitchen, suitable for tapas and simple dishes ?? Fully equipped bar counter ?? Indoor seating area ?? Storage and work areas ???? Equipment included: Beer tap system Coffee machine Commercial refrigerators Basic kitchen equipment Indoor & outdoor furniture All installations in working order ???? Condition & concept: Business ready to operate immediately No major investment required Simple, flexible concept ???? Ideal for: Self-employed operators First-time hospitality owners Neighborhood bar Tapas & drinks concept Low-risk investment ???? Business transfer carried out in accordance with Spanish legislation, including continuation of the lease agreement ???? For further details and viewing, please contact us directly An unbeatable price: bar with terrace and kitchen for only €15,000
Property Features
- 0 bedrooms
- 0 bathrooms
- 80m² Build size
- Double Bedrooms: 2
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
0€
Final Payment of 90% on completion
12,900€
Property Purchase Expenses
Property price
15,900€
Transfer tax 8%
1,272€
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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