Bar for sale in Benalmadena

This is an extremely busy business for sale. Situated in the middle of a popular apartment block it stocks a variety of items and also sells tours to the local attractions. This is a very profitable business even though the owners only open 6 months of the year at present. In effect, it could be opened for a longer period of over the year. It is being sold either Freehold or Leasehold. Freehold 155.00.00€ Leasehold 65.000.00€ Rent 850.€ per month on a 5+5 year renewable

For more information on this Bar Lease in Benalmadena, Spain please fill out the quick enquiry form on the right ->

Property Details

• Reference: COMM3705

• Price: € 120,000

• Town: Benalmadena

• Commercial Type: Bar

Mortgage Information

The following is a breakdown of the mortgage repayments for the first year using an interest rate of 3.5% over 25 years. This mortgage in Spain will cover a total of 300 monthly payments of €600.75

Month

Interest Paid

Principal Paid

Remaining Balance

Month 1

€350.00

€250.75

€119,749.25

Month 2

€349.27

€251.48

€119,497.77

Month 3

€348.54

€252.21

€119,245.56

Month 4

€347.80

€252.95

€118,992.61

Month 5

€347.06

€253.69

€118,738.92

Month 6

€346.32

€254.43

€118,484.50

Month 7

€345.58

€255.17

€118,229.33

Month 8

€344.84

€255.91

€117,973.42

Month 9

€344.09

€256.66

€117,716.76

Month 10

€343.34

€257.41

€117,459.35

Month 11

€342.59

€258.16

€117,201.19

Month 12

€341.84

€258.91

€116,942.28