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, SpainIndicative Cost Guide  Alicante, SpainThis 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 MortgagePurchase PriceItemAmount  Property price475,000  Property Transfer Tax (ITP  10%)47,500sfer Tax (ITP  10%)47,500Estimated Professional and Administrative CostsItemEstimated CostNotary fees1,500  2,500Land Registry fees1,000  1,500Lawyer / conveyancing fees4,000  6,000Administration / gestoría / NIE costs500  1,000Estimated Total Purchase Cost (No Mortgage)Approximately 529,500  533,500 2. Purchase With a Commercial MortgagePurchase PriceItemAmountProperty price475,000Property Transfer Tax (ITP  10%)47,500Purchase-Related CostsItemEstimated CostNotary fees (purchase)1,500  2,500Land Registry fees (purchase)1,000  1,500Lawyer / conveyancing fees4,000  6,000Administration / gestoría / NIE costs500  1,000Mortgage-Related CostsItemEstimated CostMortgage valuation fee500  800Mortgage notary & registry fees700  1,500Bank arrangement / opening fee0  2,000Estimated 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)237,500293,200  300,30065% LTV (subject to approval)308,750221,950  229,050 Important NotesCommercial 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. DisclaimerThis 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 buyers 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