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Business for sale in Los Cristianos, Arona, Spain, 30 m²

Business for sale in Los Cristianos, Arona, Spain, 30 m² - photo 1
Business for sale in Los Cristianos, Arona, Spain, 30 m² - photo 2
Business for sale in Los Cristianos, Arona, Spain, 30 m² - photo 3
Business for sale in Los Cristianos, Arona, Spain, 30 m² - photo 4
Business for sale in Los Cristianos, Arona, Spain, 30 m² - photo 5
Business for sale in Los Cristianos, Arona, Spain, 30 m² - photo 6
Business for sale in Los Cristianos, Arona, Spain, 30 m² - photo 7
Business for sale in Los Cristianos, Arona, Spain, 30 m² - photo 8
Business for sale in Los Cristianos, Arona, Spain, 30 m² - photo 9
Business for sale in Los Cristianos, Arona, Spain, 30 m² - photo 10
Business for sale in Los Cristianos, Arona, Spain, 30 m² - photo 11
Business for sale in Los Cristianos, Arona, Spain, 30 m² - photo 12
Business for sale in Los Cristianos, Arona, Spain, 30 m² - photo 13
Business for sale in Los Cristianos, Arona, Spain, 30 m² - photo 14
Price€1,395,000
TypeBusiness
Covered area30 m²
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Environment

Business - Los Cristianos

Fantastic commercial premises right on the front line on the most popular Las Vistas beach in Los Cristianos. Street level, spacious terrace, lots of tourist passing by all day long. Next to a popular McDonalds restaurant. An opportunity not to be missed. 30 m2 interior, 30 m2 exterior.

Extra Сosts when Buying Property

WITHOUT MOTGAGE
VAT for new residential properties 10%
VAT for new commercial properties and plots of land 21%
Property Transfer tax for re-sale property 6-10%
Stamp Duty 1%
Notary and Land Registry fees about 2%
WITH MORTGAGE
To the expenses noted above add:
Bank mortgage fee, of the value of the mortgage 1%-1.5%
Mortgage deed tax 1.5%
Land Registry and notary expenses about 2%
Bank valuation of the property from €300
Documents translation from €200
Insurance payments for the first year from €300/год

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Ongoing Ownership Costs

Annual property ownership tax, calculated on the cadastral value 0.5-2%
Non-resident income tax (the base for the applicable tax rate is generally 2% of the cadastral value) 25%
Annual wealth tax 0.2%-2.5%
Rubbish Collection Tax €100-200 p.a.
Community expenses for condominiums and urbanisations from €300 p.a.
Water and electricity rates €100-200 per month

Additional Services Costs

Legal fees about 1%
Estate agency fees 3-5%

Return on Investment

Property Price
Rental Cost
0%
Amina
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