Commercial for sale in Mojacar
Ref: D037 €389,000 ~ £348,680 *
- Beautiful rooftop restaurant with unbelieveable views
- Rare opportunity to purchase seaside freehold on busiest CC in Mojacar Playa
- Golden Visa Opportunity
We are proud to offer this fantastic freehold opportunity of a fabulous bar and restaurant with 60 covers and an unbeatable view across the coast, truly one of a kind. The business currently turns north of 215K/year and the future owners can expect net operating income of +/-140K/year making this a unique opportunity to own a successful freehold business in the most desirable of locations with an ROI of 3.35
This well-established restaurant offers a unique food concept in Mojacar, it complements its great menu with incredible views and a tranquil contemporary environment that goes hand in hand with what travellers associate with enjoying their vacations. It sits on the rooftop of the most visited shopping center in the heart of Mojacar Playa, currently the business is opening six days a week and three evenings so there is considerable scope for increasing the turnover and, therefore, the profit. The current owner has been running the restaurant for 12 years and for legitimate reasons disclosable to prospective buyers is looking to move on.
The restaurant has accumulated incredible goodwill locally as it regularly participates in monthly charity events that not only help the community but also help boost profits, it also has incredible reviews on TripAdvisor which is a massive plus as the most trusted site by travellers when choosing where to eat, as well as a strong FB presence and internet webpage.
This is a great investment opportunity for anyone to start their dreamlife in the beautiful town Mojacar Playa filled with expatriates, good fun, sun, beaches and golf.
- Exclusive to SPC
- Coastal property
- Communal fees: €96.00 per month
- Refuse fees: €141.52 per annum
- Furniture Negotiable
- Plot Size 158 m²
- Build Size 54 m²
- Telephone Possible
- Internet Possible
- Air Conditioning
- Private Terrace
- Communal parking
- Disabled Friendly
- 1 minutes drive to the beach
All fields are required
Standard form of payment
- Reservation deposit €3,000 (£2,689)
- Remainder of deposit to 10% €35,900 (£32,179)
- Final Payment of 90% on completion €350,100 (£313,812)
Property Purchase Expenses
- Property price €389,000 (£348,680)
- Transfer tax 8% €31,120 (£27,894)
- Notary fees (approx) €600 (£538)
- Land registry fees (approx) €600 (£538)
- Legal fees (approx) €1,500 (£1,345)
* Prices quoted in Pounds are illustrative and should only be used as a guide.
* Transfer tax is based on the sale value or the cadastral value whichever is the highest.