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Ref: EMA9882G
Property marketed by España Dream Properties
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freehold – unique business opportunity: lakelands sports bar for sale..A rare chance has come to market in one of Torrevieja’s most established residential and commercial zones. Lakelands Sports Bar, located on the well‑known Avenida Abanto, is now available as a freehold purchase—offering exceptional value for anyone looking to own a thriving hospitality business on the Costa Blanca.This is not just a seasonal venue. Lakelands is a true all‑year‑round bar, supported by a strong local community, steady footfall, and a reputation for great atmosphere, friendly service, and top‑quality sports coverage. Opportunities like this are few and far between.....Why Lakelands Sports Bar Stands Out ???Prime Location: Situated in the heart of Av. Abanto, a busy residential and commercial street with constant activity.Freehold Ownership: A secure long‑term investment with no lease restrictions.Turnkey Operation: Fully equipped and ready to trade from day one—walk in and start earning immediately.Established Reputation: Known for live sports, great vibes, and a welcoming environment that keeps customers returning.Year‑Round Trade: Strong local following ensures consistent business from January to December.Versatile Space: Ideal for sports bar, gastro‑pub, entertainment venue, or community hub.Whether you’re an experienced operator looking to expand or someone ready for a fresh start in Spain’s hospitality sector, this business offers everything you need: location, reputation, stability, and growth potential.Don’t miss the chance to own one of the area’s most recognised and well‑loved social venues.Interested? Contact us directly for full details or to arrange a private viewing.
Property Features
- 0 bedrooms
- 0 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
22,000€
Final Payment of 90% on completion
225,000€
Property Purchase Expenses
Property price
250,000€
Transfer tax 8%
20,000€
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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