• Spain: +34 (931) 720-189
  • Office in UK: +44-20-3769-6417
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8 bed business for sale in Arona, Spain, 360 m²

Price€1,200,000
TypeBusiness
Covered area360 m²
Beds8
Bath2
Rooms9
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Environment

8 Bedroom Business

Night bar-club in operation in the heart of the Americas for sale. In the heart of las americas for sale. very close to hotels, bars and restaurants of San Eugenio, Approximate area is 480 m2, it has all facilities inside-billiard, DJ-equipment, big jacuzzi & sauna, private rooms. Excellent opportunity for investment.

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
Offices in Spain
Barcelona, Marbella, Mallorca, Tenerife
+34 (931) 720-189
Office in UK
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+44-20-3936-4067
Office in Russia
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+7 (495) 240-81-87
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