Other for sale in Rojales, Alicante, Spain

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Ref: AG19MLSC5825383

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Exclusive investment opportunity: fully operational events venue A fully operational events venue is offered for sale, currently dedicated to the celebration of weddings, communions and private events, with additional activity as a restaurant. The property is set on a 2,227 m² plot and offers a total built area of 727 m², distributed in a practical and well-designed layout. It features two event halls, landscaped garden areas prepared for outdoor celebrations, and a built-in outdoor bar. The kitchen is fully equipped and designed to cater for large-scale events. The complex includes adapted bathrooms in different areas, in compliance with current accessibility regulations. The property is equipped with solar panels, providing improved energy efficiency and reduced operating costs. On the first floor, there is a fully habitable residential unit, suitable for private use. In addition, the property includes a mezzanine area prepared for meetings or management use. A solid property with an active business, complete facilities, and the potential to continue the current activity or adapt it to the buyer’s needs.

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Property Features

0 bedrooms
0 bathrooms
727m² Build size
2,227m² Plot size
Garden
Aircondition, Split system
Gated complex

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

117,000€

Final Payment of 90% on completion

1,080,000€

Property Purchase Expenses

Property price

1,200,000€

Transfer tax 8%

96,000€

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.

Mortgage Calculator

Mortgage Amount:

1,200,000€

Deposit:

€

Interest Rate:

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Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.