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Ref: AG19MLSC4730710
Property marketed by Spain Property Shop S.L
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BUSINESS FOR SALE DUE TO RETIREMENT – UNIQUE OPPORTUNITY IN TORREVIEJA For sale due to retirement: a prestigious language school with 35 years of uninterrupted operation in the heart of Torrevieja. A fully consolidated business with a loyal and stable client base, an excellent reputation, and official Cambridge Examination Centre status, ensuring a constant flow of students and a strong competitive advantage. ? High profitability: 17% net annual return Ideal for investors or professionals in the education sector. The business offers a proven and verifiable profitability well above market averages, with all accounts transparent and up to date. ? Includes property in central Torrevieja The sale includes full ownership of the premises (originally an apartment, now adapted and licensed as an educational centre). The area has a market value of approximately €2,100 per m², making this a double investment: ✔ a highly profitable business ✔ a valuable property in a prime location ? All licences and permits in order – turnkey transfer All authorisations and documentation up to date Business currently active and fully operational Possibility of transitional support if desired Includes full client portfolio and ongoing contracts ? Exceptional location Situated right in the centre of Torrevieja, surrounded by services, schools, public transport and high foot traffic. ? Contact us for more information, to receive the detailed profitability report, or to arrange a visit. A unique opportunity to acquire a stable, profitable business with decades of prestige in the city.
Property Features
- 5 bedrooms
- 1 bathroom
- 81m² Build size
- Veranda
- Near bus route
- Aircondition, Split system
- Elevator
- Fully furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
29,000€
Final Payment of 90% on completion
288,000€
Property Purchase Expenses
Property price
320,000€
Transfer tax 8%
25,600€
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.




