Other for sale

Other for sale

Villamartin, Alicante
180,000
 
  • Other for sale
  • Other for sale
  • Other for sale
  • Other for sale
  • Other for sale
  • Other for sale
  • Other for sale
  • Other for sale
  • Other for sale
  • Other for sale
  • Other for sale
  • Other for sale
  • Other for sale
  • Other for sale
  • Other for sale
  • Other for sale
  • Other for sale
  • Other for sale
  • Other for sale
  • Other for sale
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Ref: AG19MLSC1424729
Property marketed by Spain Property Shop S.L
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An excellent opportunity to acquire the traspaso of a well-established bar and restaurant in the heart of the vibrant Villamartín commercial area. Located in one of the Costa Blanca's most popular leisure destinations, The Royal Oak enjoys high year-round footfall from local residents, expatriates, golfers, and holidaymakers, making it a thriving hospitality business in a prime location.Offering 109m² of internal space, the premises feature a spacious bar and dining area, a fully equipped commercial kitchen, dedicated storage, and two customer bathrooms. The business is presented in excellent condition, allowing new owners to take over and begin trading immediately.A standout feature is the large outdoor terrace, providing generous seating where guests can enjoy the Mediterranean climate throughout the year. Overlooking a children's play area, the terrace creates the perfect family-friendly environment, encouraging longer visits and repeat custom while offering parents the opportunity to relax as children play nearby.Situated within the bustling Villamartín commercial centre, the business is surrounded by popular bars, restaurants, cafés, golf courses, and established residential communities, ensuring a consistent flow of customers all year round.Whether you're an experienced operator or looking to own your first hospitality business in Spain, this outstanding traspaso offers a turnkey opportunity in one of the Costa Blanca's most sought-after commercial locations.

Property Features

  • 0 bedrooms
  • 2 bathrooms
  • 109m² Build size
  • Parking, Uncovered

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
15,000€
Final Payment of 90% on completion
162,000€
 
Property Purchase Expenses
Property price
180,000€
Transfer tax 8%
14,400€
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:
180,000€
Deposit:
Interest Rate:
%
Period:
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

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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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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