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Ref: EMA4281W
Property marketed by España Dream Properties
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Thriving sports and cocktail bar for lease in Torrevieja, ideally located in a busy residential area with consistent year-round trade. Leasehold 60,000 euro and 1,0000 euro monthly rental The bar enjoys a strong local following and benefits from steady footfall from nearby residents, making it a great opportunity for anyone looking to take over a well-established hospitality business. Perfect for continuing as a lively sports bar and cocktail venue with excellent growth potential.
Property Features
- 0 bedrooms
- 0 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
3,000€
Final Payment of 90% on completion
54,000€
Property Purchase Expenses
Property price
60,000€
Transfer tax 8%
4,800€
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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.








