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Ref: CT70218B
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Exclusive Investment Opportunity: Sale of the Boutique Hotel in Calpe in Alicante, Spain.Located in the prestigious area of the Costa Blanca, this Boutique Hotel is located in the old town of Calpe and on the most "Famous and Photographed" street for its stairs painted with the colors of the Spanish flag, just 500 meters (on foot) from the stunning white sand beaches, offering easy access to high quality amenities, bars, cafes, fashion shops, exquisite restaurants and the charming local harbour.The hotel has been completely renovated to a modern and comfortable style. It has an elevator and houses different sizes of rooms on 3 floors, it has 5 rooms for 4 people and 3 rooms for 2 people, each bedroom has its En-suite bathroom. On the top floor there is a solarium where one can sit and relax looking at the views of the sea and the old town of Calpe. It is fully operational ready to work, it has customers all year round because of the excellent location.
Property Features
- 8 bedrooms
- 8 bathrooms
- 350m² Build size
- air conditioning yes
- furnished
- heating spliter cold heat
- laundry
- lift
- near the beach
- open terrace
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
92,000€
Final Payment of 90% on completion
855,000€
Property Purchase Expenses
Property price
950,000€
Transfer tax 8%
76,000€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.























