Commercial Other For Sale In Jávea - Xàbia
€475,000Add To Favourites
- Commercial Other
- Jávea - Xàbia
- 1 Bathroom
- 126.00m² Build Size
- Consume Co² Pending
- Emissions Co² Pending
- Furniture - Fully Furnished
Reference: R5174344
Description
Successful family restaurant business, selling due to the retirement of the owners. Frequented by many locals and expats on a daily basis. Close to arenal beach, with a large terrace. Sold as a freehold property. Offering, kitchen, bar, bathrooms, terrace, and restaurant dining area. Highly recommended.
Guide to the Full Purchase Costs of a €475,000 Resale Commercial Property (Bar) in Alicante, Spain
Indicative Cost Guide – Alicante, Spain
This guide outlines the estimated total costs involved in purchasing a resale commercial property (bar) in Alicante, Spain, based on a purchase price of €475,000. All figures are indicative and provided for guidance purposes only.
1. Purchase Without a Mortgage
Purchase Price
ItemAmount Property price€475,000 Property Transfer Tax (ITP – 10%)€47,500sfer Tax (ITP – 10%)€47,500
Estimated Professional and Administrative Costs
ItemEstimated CostNotary fees€1,500 – €2,500Land Registry fees€1,000 – €1,500Lawyer / conveyancing fees€4,000 – €6,000Administration / gestoría / NIE costs€500 – €1,000
Estimated Total Purchase Cost (No Mortgage)
Approximately €529,500 – €533,500
2. Purchase With a Commercial Mortgage
Purchase Price
ItemAmountProperty price€475,000Property Transfer Tax (ITP – 10%)€47,500
Purchase-Related Costs
ItemEstimated CostNotary fees (purchase)€1,500 – €2,500Land Registry fees (purchase)€1,000 – €1,500Lawyer / conveyancing fees€4,000 – €6,000Administration / gestoría / NIE costs€500 – €1,000
Mortgage-Related Costs
ItemEstimated CostMortgage valuation fee€500 – €800Mortgage notary & registry fees€700 – €1,500Bank arrangement / opening fee€0 – €2,000
Estimated Total Purchase Cost (With Mortgage)
Approximately €530,700 – €537,800
3. Estimated Cash Required at Completion (With Commercial Mortgage)
Based on typical Spanish commercial lending assumptions:
Loan-to-ValueEstimated Loan AmountEstimated Cash Required50% LTV (conservative lending)€237,500€293,200 – €300,30065% LTV (subject to approval)€308,750€221,950 – €229,050
Important Notes
Commercial mortgage lending in Spain is generally more conservative than residential lending.Non-resident buyers may face stricter lending criteria and additional documentation requirements.Banks may require proof of income, business plans, or trading history for hospitality businesses.Ongoing ownership costs such as community fees, local business taxes, utilities, insurance, and refurbishment costs are not included in these estimates.
Disclaimer
This guide is provided for informational purposes only and does not constitute financial, legal, or tax advice, nor a binding offer. Final costs will depend on the buyer's individual circumstances, lender criteria, professional fees, financing structure, and any applicable discounts or incentives, which are not included in this estimate.
Professional legal, tax, and financial advice should always be obtained before proceeding with any property purchase in Spain
Important Notice: These details have been produced in good faith and are believed to be accurate based upon the information supplied but they are not intended to form part of a contract. You are strongly advised to check the availability of the property before travelling any distance to view. Any intending purchasers must satisfy themselves by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Mortgage Calculator
The calculation is for illustration purposes only providing a quick indication of what your monthly repayments may be, these repayments may vary according to your personal circumstances and the mortgage provider.
Euro:
475,000
EUR
Sweden Kronor:
5,116,700
SEK
Norway Kroner:
5,117,413
NOK
Danish Krone:
3,549,723
DKK
Pounds:
411,920
GBP
Russian Ruble:
55,670,475
RUB
Swiss Franc:
432,773
CHF
Chinese Yuan:
3,742,668
CNY
US Dollar:
553,090
USD
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