Studio Commercial in Puerto del Carmen

€595,000≈ £510,400 todayindicative, today's rate

Studio · 200 m² built

Réf. 2189

BedsStudio
Built200 m²
TypeCommercial
Réf. 2189

Description

Excellent opportunity to purchase a fully licensed, freehold restaurant plus lounge bar in a prime position in Puerto del Carmen. The well-established restaurant has been operating since 2004 with French and European food being served. The restaurant extends to 200 m2 on two floors, including 50 seats inside plus a fully equipped kitchen with walk in fridges, industrial dishwasher, electric gas stoves, large storage area, etc. Easily accessible, entrance on street level, located in a prime position. Great business opportunity!

Location

Puerto del Carmen

Location details will be published when available.

Costs of buying

Indicative estimate

Transfer tax (ITP, 6.5%): €38,675
Notary: €1,500
Land registry: €1,000
Legal / conveyancing (1%): €5,950
Estimated total: €47,125~7.9%

Indicative planning figures for a typical Canary Islands resale, not a quote. Exact tax, notary, registry and legal costs depend on the property and your circumstances.

Indicative monthly mortgage

€2,141/ month

Loan €416,500 · 70% LTV · 25 years · 3.75%

Illustration only, based on 70% loan-to-value over 25 years at 3.75%. Rates, eligibility and fees change. Ask us for a current figure from a Spanish mortgage broker.