Commercial Property for sale in Playa del Ingles, Gran Canaria, Spain

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Ref: ANS374

Property marketed by Anderssons.es

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**Commercial Property for Sale: Bar in Yumbo Center**Discover a fantastic opportunity to own a freehold bar located in the bustling Yumbo Center! This well-established bar, situated on the ground floor, boasts a spacious layout of 35 m² with an inviting terrace that enhances the guest experience.The bar comes with a valid opening license, ensuring a smooth transition for new owners.With a prime location on the main square, this property benefits from high foot traffic and visibility.The communal terrace of 29 m² is perfect for hosting events and attracting visitors, especially during the annual festivities that draw crowds from across Europe.The bar features a guest toilet and a convenient storage area, making it an ideal setup for any entrepreneur looking to thrive in a vibrant shopping center environment.Don't miss out on this incredible chance to invest in a popular cocktail bar with 4 linear meters of facade space and a smoke outlet.Whether you're an experienced operator or a newcomer to the industry, this bar offers endless potential for growth and success.Seize this opportunity and make your mark in one of the most sought-after locations!

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Property Features

0 bedrooms
0 bathrooms

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 10%

32,000€

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:

320,000€

Deposit:

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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.

Spanish Property News & Updates by Spain Property Portal.com

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%.