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 50,000 euros traspasa/transfer and rent for 1300 a month in rent.Guide to the Full Purchase Costs of a 450,000 Resale Commercial Property (Bar) in Alicante, SpainThis guide outlines the estimated total costs involved in purchasing a resale commercial property (bar) in Alicante, based on a purchase price of 450,000. Figures are indicative and provided for guidance only.1. Purchase Without a MortgagePurchase price: 450,000Property Transfer Tax (ITP  10%): 45,000Estimated professional and administrative costs:Notary fees: 1,500  2,500Land Registry fees: 1,000  1,500Lawyer / conveyancing fees: 4,000  6,000Optional administration / gestoría / NIE costs: 500  1,000Estimated Total Purchase Cost (No Mortgage)Approximately 502,000  506,0002. Purchase With a Commercial MortgagePurchase price: 450,000Property Transfer Tax (ITP  10%): 45,000Purchase-related costs:Notary fees (purchase): 1,500  2,500Land Registry fees (purchase): 1,000  1,500Lawyer / conveyancing fees: 4,000  6,000Optional administration / gestoría / NIE costs: 500  1,000Mortgage-related costs:Mortgage valuation fee: 500  800Mortgage notary & registry fees: 700  1,500Bank arrangement / opening fee: 0  2,000Estimated Total Purchase Cost (With Mortgage)Approximately 503,200  510,3003. Estimated Cash Required at Completion (With Commercial Mortgage)Based on typical Spanish commercial lending assumptions:50% Loan-to-Value (conservative lending):Approx. 278,000  285,000 cash required65% Loan-to-Value (upper lending range, subject to approval):Approx. 211,000  218,000 cash requiredDisclaimerThis guide is provided for informational purposes only and does not constitute a binding offer or financial advice. Final costs depend on the buyers individual circumstances, lender criteria, professional fees, and any applicable discounts or incentives, which are not included in this estimate.