Hotel for sale in Estepona

Cafe / Bar for sale two minutes from the seafront and marina and next door to a large seafront hotel. The bar specialises for golfers 10 months of the year due to prime location. Present owner opens as a night bar due to daytime work commitments but excellent potential as a day bar catering for breakfasts / lunches / sandwiches and drinks / snacks at night.. Seats 20-25 inside and 20-25 outside with no terrace tax. Leasehold 75,000€ with monthly rental 803€. 5 year rollover lease.

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

Property Details

• Reference: COMM3105

• Price: € 6,500,000

• Town: Estepona

• Commercial Type: Hotel

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 €32540.53

Month

Interest Paid

Principal Paid

Remaining Balance

Month 1

€18,958.33

€13,582.20

€6,486,417.80

Month 2

€18,918.72

€13,621.81

€6,472,795.99

Month 3

€18,878.99

€13,661.54

€6,459,134.44

Month 4

€18,839.14

€13,701.39

€6,445,433.05

Month 5

€18,799.18

€13,741.35

€6,431,691.70

Month 6

€18,759.10

€13,781.43

€6,417,910.27

Month 7

€18,718.90

€13,821.63

€6,404,088.64

Month 8

€18,678.59

€13,861.94

€6,390,226.70

Month 9

€18,638.16

€13,902.37

€6,376,324.33

Month 10

€18,597.61

€13,942.92

€6,362,381.41

Month 11

€18,556.95

€13,983.59

€6,348,397.83

Month 12

€18,516.16

€14,024.37

€6,334,373.45