€ 475,000
Commercial for sale in Montgó - Ermita, Javea / Xàbia, Alicante
- 126 m2
- 1
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. Alternatively, you can pay a 70,000 euros traspasa/transfer and rent for 1300 a month in rent.
This is a guide to the complete and full costs of buying a €475,000 resale commercial property (bar) in Alicante, Spain.
Estimated cash required at completion with commercial mortgage:
50% LTV loan (typical conservative lending): approximate cash required €280,000–€288,000
65% LTV loan (upper range if bank offers higher): approximate cash required €194,000–€202,000.
Features
- Commercial
- Bathrooms: 1
- Build Size: 126 m2
- Energy Efficiency Rating: In Progress