Investment Hostel for sale in Mijas

This bar/restaurant has been working for 18 years with the same owners.It is an excellent position near major hotels, the beach and the main night life area. It is a corner position and it has a big terrace of 66 m2. It was recently reformed.

For more information on this Investment Hostel Business in Mijas, Spain please fill out the quick enquiry form on the right ->

Property Details

• Reference: COMM3669

• Price: € 2,314,000

• Town: Mijas

• Commercial Type: Investment Hostel

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 €11584.43

Month

Interest Paid

Principal Paid

Remaining Balance

Month 1

€6,749.17

€4,835.26

€2,309,164.74

Month 2

€6,735.06

€4,849.37

€2,304,315.37

Month 3

€6,720.92

€4,863.51

€2,299,451.86

Month 4

€6,706.73

€4,877.69

€2,294,574.17

Month 5

€6,692.51

€4,891.92

€2,289,682.25

Month 6

€6,678.24

€4,906.19

€2,284,776.06

Month 7

€6,663.93

€4,920.50

€2,279,855.56

Month 8

€6,649.58

€4,934.85

€2,274,920.71

Month 9

€6,635.19

€4,949.24

€2,269,971.46

Month 10

€6,620.75

€4,963.68

€2,265,007.78

Month 11

€6,606.27

€4,978.16

€2,260,029.63

Month 12

€6,591.75

€4,992.68

€2,255,036.95