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Good Value Business to Buy in Torremolinos | Costa Del Sol - Coastal - Ref 439865

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Business Description

This locals bar is located in a very popular area of Torremolinos, close to many hotels and self catering apartments, benefiting from lots of passing trade from the thousands of tourists who visit this popular resort as well as having a good local trade.
Torremolinos is the original little fishing village that has been turned into one the most well known resorts in the world.
It is approx 40m2 inside with fitted wall bench seating for around 20. It has a Spanish style tiled bar with stools and is decorated throughout with memorabilia of various 50's & 60's pop icons. This bar has had the same theme for many years and has established a busy repeat trade throughout the year.
The current owners, husband and wife, open 6 days a week from 2pm until late serving drinks only. Upstairs there is plenty of storage and the customers toilets.
This business would be ideal starter bar with a low rent and early viewing is a must.

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Approximate price of this 0-Bed Unknown
€40,000 EUR | 
£32,012 GBP | 
US$50,184 USD | 

(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 439865 
Town Torremolinos 
Region Malaga 
Province Costa Del Sol - Coastal 
Country Spain  
Type Business
Build Size 40 
Category Re-Sale  
Listed over 1 year ago
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Price: €40,000

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Purchase this Business in Torremolinos for

€78p/m

(70% LTV, 3.4% Interest Rate, 30 years)

(Subject to status. Information given for guidance purposes only.)

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Price of Property in Torremolinos, Spain

Property Type Min Price Max Price Median Price
(All prices in EUR) Torremolinos Spain Torremolinos Spain Torremolinos Spain
Apartment/Flat 90,000 85 350,000 38,000,000 303,000 220,000
House/Villa 525,000 300 1,465,000 119,500,000 531,000 420,000
Townhouse 295,000 11,000 417,000 6,360,000 395,000 250,000
Penthouse 162,000 400 625,000 2,450,000 - 660,000
Studio 35,000 14,000 95,550 290,000 - 165,000
Commercial 7,950 400 3,475,775 30,000,000 - 221,000

* Calculations based on 68 properties for sale in Torremolinos and 70549 properties for sale in Spain




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