Bar Restaurant for sale in Torremolinos

Café-bar of 50 m2 located in the centre of Torremolinos on a palm tree lined boulevard. Surrounded by an apartment block, bars, police station etc. Fully equipped with fridges, freezers, bottle display fridge, counter, commercial fryer, grill, oven, 2 toilets etc. Terrace for approx. 15 clients. Has been reformed with new floor, electric installation and plumbing. Private community parking only for residents. At present closed. The monthly rent is 650 Euros per year.

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Property Details

• Reference: COMM81

• Price: € 90,000

• Town: Torremolinos

• Commercial Type: Bar Restaurant

Spanish Property Description

Bar-Cafetería de 50 m2 ubicada en el centro de Torremolinos. Completamente equipado con neveras, congeladores, freidora, plancha, horno, 2 aseos etc. Terraza para aprox. 15 clientes. Ha sido reformado suelo, instalación eléctrica y fontanería. Aparcamiento comunitario solamente para residentes. El local se encuentra cerrado. El alquiler mensual es de 650 Euros al mes.

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 €450.56

Month

Interest Paid

Principal Paid

Remaining Balance

Month 1

€262.50

€188.06

€89,811.94

Month 2

€261.95

€188.61

€89,623.33

Month 3

€261.40

€189.16

€89,434.17

Month 4

€260.85

€189.71

€89,244.46

Month 5

€260.30

€190.26

€89,054.19

Month 6

€259.74

€190.82

€88,863.37

Month 7

€259.18

€191.38

€88,672.00

Month 8

€258.63

€191.93

€88,480.06

Month 9

€258.07

€192.49

€88,287.57

Month 10

€257.51

€193.06

€88,094.51

Month 11

€256.94

€193.62

€87,900.89

Month 12

€256.38

€194.18

€87,706.71